Guests: Martin Shenkman, CPA/PFS, MBA, AEP (Distinguished), JD

Increased health risks related to COVID-19 and the financial aspects of the CARES Act and other financial legislation – all during an election year, compounds the complexity of the tax and financial planning landscape. There are issues you can address and steps you can take with your clients to make sure they are protected. In this episode, Martin Shenkman, CPA/PFS, JD shares insights into:

What are the estate planning basics that must be addressed, including important healthcare documents?
What can you do to help your clients prepare their estates if there is a significant decrease in the estate tax exemption?
How do you address the psychological impact of the current environment in the context of the financial plan?
What are innovative planning techniques you can use to protect your clients in this unique environment?

Access the related resources from this podcast:

The Personal Financial Planning Section’s COVID-19 resource center (aicpa.org/pfp/covid19) includes client facing materials, planning strategies, leg/reg updates and more.
The PFP Learning Library (aicpa.org/pfp/library) includes podcasts related to COVID-19 and the current environment and will be updated with webcast recordings as they are available.

The episode is brought to you by the AICPA’s Personal Financial Planning Section (www.aicpa.org/pfp), the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential (www.aicpa.org/pfs) program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Important estate planning considerations amid COVID-19 {PFP Section}

AICPA Personal Financial Planning (PFP)