Master Trusts and Estates

Learn to navigate fiduciary returns, Form 1041, and estate tax filings with confidence.

What You'll Learn

This course is your guide to professional fiduciary tax prep. We’ll walk you through real-world examples and step-by-step filing methods. You’ll gain the skills to handle trusts and estates as a confident tax preparer or advisor.

  • Establishing trusts and understanding executor duties
  • Filing requirements and exemptions for estates
  • Special reporting for grantor trusts and IRD
  • Preparing IRS Form 1041 and all related schedules
  • Charitable deductions, Schedule B, Schedule K-1

Course Outline

  • Intro to Trusts and Estates
  • Administrative Duties of Trustees & Executors
  • Filing and Reporting Responsibilities
  • Preparing IRS Form 1041 and Schedules A, B, G, I, K-1
  • Income in Respect of a Decedent (IRD)
  • Grantor-Trust and Special Scenarios

Who This Is For

This course is perfect for:

  • Tax preparers and bookkeepers expanding their services
  • Professionals looking to understand fiduciary responsibilities
  • CPAs, EAs, and financial advisors working with estates

Trusts & Estates Course Breakdown

Master the ins and outs of trusts and estates—from creation to Form 1041—so you can serve more clients and grow your tax practice with confidence.

  • Introduction to Trusts and Estates

  • Important Terms and Definitions

  • Trust Administrative Basics

  • Establishing Trusts and Estates

  • Trustee/Executor Powers and Duties

  • Administrative Duties

  • Trust and Estate Classifications

  • Filing Requirements and Exemptions

  • Grantor-Trust Special Reporting Methods

  • Income in Respect of a Decedent (IRD)

Still more...

  • Preparing Form 1041

  • Schedule A — Charitable Deduction

  • Schedule B (IDD)

  • Other Information

  • Schedules G and I (Tax Computation)

  • Income and Principal Allocation

  • Preparing Schedule K-1

  • Review Questions

  • Learning Activity


Universal Accounting's EA training offers MUCH MORE educational content, FAR MORE than other courses. 

Over 60 hours of video  content.  ("Did you just say 60? " ... Yes!  Yes, we did!)


Over 2,000 questions just like the ones on the real exam, in our three-tiered adaptive test prep engine. 


Hundreds of electronic flashcards. 


Free instructor support directly from course author's team of world-renowned professor, Eva Rosenberg, aka: TaxMama®

Welcome to the BEST DEAL of the year!

Universal Accounting's EA PACKAGES include:

VIDEO COURSE:  Over 60 Hours of online course lectures on all the topics associated with the EA Exam.

CONTINUING ED* Our IRS Approved CE courses cover topics in federal tax law, tax updates, IRS publications, accounting, auditing, and ethics.

TEST PREP Over 2,000 questions with detailed explanations, mapped directly to the appropriate IRS publication.

INSTRUCTOR SUPPORT Universal Accounting and Lambers offer FAST and FREE instructor support for any relevant questions you may have.

FLASH CARDS Our online electronic flashcards turn “downtime” into productive study time.


Pass Your EA SEE Exams

Universal's Enrolled Agent training products are designed with one objective in mind, to help you pass the Special Enrollment Exam. The EA Exam is a rigorous three-part exam, which tests you in virtually all aspects of taxation. To help prepare you for this exam, UA's EA course will:

  • Show you where the examiners test most heavily
  • Disclose recent trends on the exam, by part and by topic
  • Explain how to focus your study on the hot topics
  • Steer you clear of the irrelevant topics with little or no points
  • Show you test-taking tips and techniques to get those extra points
  • Work hundreds of actual exam questions with you
  • Review many of the actual tax forms referred to on the exam
  • Use real-life illustrations to help understand the why’s of tax law
  • Show what you need to memorize for the exam


About Your Coach

Jason Dinesen LPA, EA

Jason self-admits to being a bit of a tax nerd. He loves helping people alleviate their fear of – and frustration with – taxes. He started Dinesen Tax Services as a side business with 3 clients while working a day job in a “cubicle farm” in West Des Moines. The “side business” quickly became something much more than that, and by August of 2011, he left the cubicle behind and took his business full-time.

"Engaging teachers, great content, 

and time-proven results for over 50 years!"

Universal Accounting is a worldwide leader in the accounting education arena, offering certified designations in:

PB - Professional Bookkeeping 

PTP - Professional Tax Preparer

QS - QuickBooks Specialist (certifying your knowledge for desktop and online products)

Profit & Growth Expert - PGE

EA and other educational courses in CTEC and business growth, and offering CPE credit on a variety of topics. When you enroll in a UA Course, you will experience the difference. High quality and relevant content designed for your success!

Whether you are taking a certification exam or needing continuing education, UA's catalog of courses will have what you need.

Your success is our success!

Eva Rosenberg - Internet’s TaxMama®

Eva Rosenberg (Internet’s TaxMama®) Eva Rosenberg, the Internet’s TaxMama®, is a syndicated national columnist, writing for Dow Jones’ www.MarketWatch.com tax resource. She taught tax law and representation to tax professionals , and was a popular speaker at tax workshops for Internet businesses, organizations, and tax professionals.

ALWAYS CURRENT

We are constantly updating and improving our content to ensure that our customers have the most accurate training material possible.

EXPERT SALES STAFF

Not sure what’s next? Our sales staff can work with you to build a customized training plan. They’ll work with you through all of the stages of your career from getting your initial designations to keeping current with Continuing Education. 

Call Now!  801-265-3777

ALWAYS DEVELOPING

The financial world operates with a 365 day year and so do we. Season in and season out, we are always developing new titles and enhancing existing ones. This focus maximizes your training efficiency and ensures you are always in-the-know about the current hot topics.

BEST EXPERTS

Our instructors and Subject Matter Experts are among the best in the business. Their knowledge and experience uniquely position Lambers to maximize your training and cut down on your prep time.

Bundle includes

Here are all the courses that are included in your bundle.