PFP Update: Issues, Exposures and Developing Client Strategy 2024

Overview

Our clients’ personal financial planning issues are quickly developing and keep us challenged in a new operating environment! Many new approaches are needed in working through, understanding, diagnosing and then adopting innovative and proven strategies. Additional ways of experiencing these client situations are entering the picture. With information overload, part of the CPA’s challenge is to help clients stay focused on goals while managing expectations in a rapidly changing environment. This course will update you on the newest personal financial planning changes related to insurance, investments, education, retirement, estate, cash flow management, divorce, closely held businesses and other relevant topics. We’ll discuss critical issues, including planning for education, divorce, charitable, exceptional circumstances, business owners and highly compensated executives. Companion course: Closely Held Business Owner Financial Planning Opportunities 2024

Highlights

• Cash flow management
• Insurance, investment, income tax, education, retirement and estate planning
• Understanding client issues, diagnosing client exposures and determining client solutions
• Closely held business owner strategies

Prerequisites

A basic understanding of finance.

Designed For

CPAs, financial planners and industry professionals.

Objectives

• Identify the latest financial planning trends in a very different era and learn how to apply them
• Learn how this decade will continue to work differently for clients than the previous one
• Determine how to incorporate the personal financial planning process as part of the client's emotional and financial life cycle
• Determine when to evaluate insurance concerns and provide practical recommendations
• Learn which education savings plans make the most sense for the client
• Recognize investment strategies and strategies to evaluate the marketplace
• Determine financial planning issues relevant to Form 1040

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.