Transferring Wealth

Welcome to Wall Street Instructors’ Transferring Wealth continuing education online course for Florida life agents. This self-study program has been accepted by the Florida Department of Financial Services to meet 15 credits of intermediate-level continuing education for life-licensed agents. (CE Provider #862 — Course ID #109485)

The study text is offered as an interactive, online course. The course is presented in four modules and you must complete a review quiz at the end of each module. These review quizzes will help you better understand the material presented in each module.

After you review the text, you must successfully complete a final examination. This multiple-choice examination is offered online and automatically graded — results are released to you immediately upon completion. Passing grade for this program is 70% correct. The exam is given on the honor system — an outside monitor is NOT needed. Upon successful completion, Wall Street Instructors will send you a certificate of completion for your records and electronically file your results with the Department of Financial Services.

Be sure you have reviewed the study text before taking the final examination. If you do not score 70% or better on the exam, re-examination is available.

This course covers the following topics:

• The estate — what it is and how it is defined
• Property rights and methods of property transfer
• Federal gift tax, estate tax, and generation-skipping transfer tax
• State transfer taxes
• Wills, probate, and intestate succession
• Co-ownership, pay-on-death accounts, and trusts
• Retirement plans, annuities, and life insurance as planning tools
• Lifetime gifts, gifts to minors, and life estates
• The estate planning team and planning process
• Financial planning strategies for wealth transfer
• Forms of business ownership and succession planning
• Buy-sell agreements and family lifetime transfers
• Estate tax considerations for business owners

1. 1
   The course is presented in four modules. Work through each module at your own pace using the Study Text link below.
2. 2
   Complete the review quiz at the end of each module. These reviews will help you better understand the material before taking the final exam.
3. 3
   After reviewing all four modules, complete the self-monitored final examination. Passing score is 70% correct. The exam is given on the “honor system” — an outside monitor is not needed.
4. 4
   Upon successful completion, Wall Street Instructors will send you a certificate of completion for your records and electronically file your CE credits with the Florida Department of Financial Services.