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Explorez tous les épisodes du podcast Open Exam Prep

Plongez dans la liste complète des épisodes de Open Exam Prep. Chaque épisode est catalogué accompagné de descriptions détaillées, ce qui facilite la recherche et l'exploration de sujets spécifiques. Suivez tous les épisodes de votre podcast préféré et ne manquez aucun contenu pertinent.

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1–50 of 313

TitreDateDurée
[Fundamentals] 15, Candidate Fitness Standards24 Dec 202400:04:08

Specific character and fitness standards for CFP® certification candidates. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 14, Learning Styles24 Dec 202400:03:54

Visual, auditory, and kinesthetic methods to tailor financial advice to client preferences. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 4, Code of Ethics23 Dec 202400:04:03

Includes honesty, integrity, client best interests, due care, conflict management, and confidentiality. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 3, Financial Planning Process23 Dec 202400:03:58

Collaborative process to help clients meet life goals through integrated financial advice. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 2, Financial Advice Definition23 Dec 202400:03:56

Recommendations on financial plans, asset management, and professional services. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 10, Compensation Models23 Dec 202400:03:52

Fee-only, fee-based, and commission structures, with specific disclosure requirements. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 1, Ethics Emphasis21 Dec 202400:04:04

Heavy focus on ethics, communication, and professional conduct in financial planning scenarios. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 19, Installment Payments of Estate Tax20 Dec 202400:04:09

Sections 6166 & 6161 allow for extended payment periods for closely held business interests. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 18, Income in Respect of a Decedent (IRD)20 Dec 202400:03:38

Income a decedent was entitled to but not received before death, included in the gross estate without a step-up in basis.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 17, Generation Skipping Transfer Tax (GSTT)20 Dec 202400:03:52

Imposed on transfers to individuals two or more generations younger, with specific rules for direct skips and taxable terminations.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 16, Trusts in Estate Planning20 Dec 202400:03:50

Used for management, creditor protection, and tax avoidance. Types include revocable, irrevocable, and specific trusts like GRATs and QPRTs.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 20, Special Use Valuation20 Dec 202400:03:57

Section 2032A allows valuation of property based on current use rather than highest and best use, with specific conditions and limitations.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 13, Communication Skills24 Dec 202400:03:47

Effective communication involves reflective listening, pacing, and rephrasing. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 12, Gifts and Gift Tax19 Dec 202400:03:53

Gifts are taxed based on FMV at the date of gift. Split gifts and annual exclusions affect tax liability. CFP Exam Prep Podcast.

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[Estate Planning] 11, Types of Property Ownership19 Dec 202400:04:03

Sole ownership, tenants in common, JTWROS, tenants by the entirety, and community property have different probate and tax implications.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 15, Applicable Exclusion Amount19 Dec 202400:03:59

Lifetime credit against estate and gift taxes, with specific calculations for taxable amounts.

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[Estate Planning] 14, Marital and Charitable Deductions19 Dec 202400:03:56

Unlimited deductions for transfers between spouses and to qualified charities.

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[Estate Planning] 13, Crummey Provision19 Dec 202400:03:52

Allows trust contributions to qualify for annual exclusion by creating a present interest.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 10, Avoiding Probate18 Dec 202400:03:47

Achieved through state contract law, life insurance, annuities, and certain account types.

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[Estate Planning] 9, Probate18 Dec 202400:03:55

Legal process of retitling assets, with advantages like clear title but disadvantages like cost and publicity.

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[Estate Planning] 8, Methods to Transfer Property18 Dec 202400:04:01

Includes operation of law, contract, trust, probate, and intestate succession.

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[Estate Planning] 7, Power of Attorney18 Dec 202400:03:51

Allows an agent to act for the principal, ceasing at death. Powers can be general or limited.

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[Estate Planning] 6, Will Provisions18 Dec 202400:03:51

Survivorship and disclaimer clauses affect inheritance and tax implications.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 12, Monitoring Plans24 Dec 202400:04:15

Regular and episodic reviews to ensure financial plans remain aligned with client goals. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 3, Important Definitions17 Dec 202400:03:35

Decedent, heirs, legatees, donor, donee, abatement, and ademption are key terms in estate planning.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 2, Unauthorized Practice of Law17 Dec 202400:03:51

Only licensed attorneys can draft legal documents. Planners should refer clients to attorneys for legal advice. CFP Exam Prep Podcast.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 1, Estate Planning Process17 Dec 202400:04:09

Involves accumulation, management, conservation, and transfer of wealth considering legal, tax, and personal objectives. Effective and efficient transfers are crucial.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 4, Basic Documents17 Dec 202400:03:52

Includes wills, durable power of attorney, and advance medical directives to manage assets and healthcare decisions.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Estate Planning] 5, Types of Wills17 Dec 202400:03:39

Survivorship and disclaimer clauses affect inheritance and tax implications.

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Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 11, Financial Planning Standards24 Dec 202400:03:54

Involves understanding client circumstances, goal setting, and plan implementation. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 9, Confidentiality23 Dec 202400:03:57

Maintain client privacy and confidentiality, with exceptions for legal and enforcement purposes. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 8, Conflict of Interest23 Dec 202400:04:05

Must disclose and manage conflicts, including compensation and product limitations. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 7, Fiduciary Duty23 Dec 202400:04:03

CFP® professionals must act in the best interest of clients, adhering to fiduciary standards. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 6, Professionalism23 Dec 202400:03:52

Requires dignity, courtesy, and appropriate use of CFP® marks in professional interactions. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Fundamentals] 5, Continuing Education23 Dec 202400:03:57

CFP® certificants must complete 30 hours every two years, including ethics training. Open Exam Prep Podcast. More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 23, Roth vs. Traditional IRAs30 Dec 202400:03:48

Roth IRAs offer tax-free withdrawals and no required minimum distributions, while traditional IRAs offer tax-deferred growth. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

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More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 22, Distribution Rules30 Dec 202400:04:03

Qualified plans have specific rules for distributions, including penalties for early withdrawals and required minimum distributions. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

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More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 20, Stock Bonus Plans29 Dec 202400:03:48

Allow employers to contribute stock, with tax benefits for net unrealized appreciation on distributions. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 18, 401(k) Plans28 Dec 202400:03:51

Allow employee deferrals, often with employer matching, and are subject to ADP and ACP nondiscrimination tests. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 17, Profit Sharing Plans28 Dec 202400:03:58

Contributions are discretionary but must be substantial and recurring, with limits based on employer compensation. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 16, Social Security Integration28 Dec 202400:03:56

Allows plans to provide additional benefits to employees earning above the Social Security wage base. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 10, Highly Compensated Employees28 Dec 202400:03:55

Defined as owning more than 5% of the company or earning over a specified amount, affecting plan testing. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 9, 50/40 Test28 Dec 202400:03:46

Defined benefit plans must cover the lesser of 50 employees or 40% of all employees. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 8, Coverage Tests28 Dec 202400:03:52

Ensure plans are nondiscriminatory, requiring coverage of a certain percentage of non-highly compensated employees. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 7, Eligibility Requirements28 Dec 202400:03:53

Typically require age 21 and one year of service, with special rules for part-time employees under the SECURE Act. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 6, ERISA Protection28 Dec 202400:03:58

Ensures plan assets are protected from creditors and bankruptcy, providing security for retirement savings. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 19, Safe Harbor 401(k)28 Dec 202400:04:09

Avoids ADP and ACP testing by providing a minimum employer contribution that is fully vested. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 21, ESOPs30 Dec 202400:03:44

Employee stock ownership plans provide stock to employees, with special rules for voting rights and distributions. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 3, Qualified Plans27 Dec 202400:04:12

Include pension and profit-sharing plans, with specific types like 401(k), ESOPs, and cash balance plans. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

[Retirement] 5, Defined Benefit vs. Defined Contribution27 Dec 202400:03:45

Defined benefit plans promise a specific payout at retirement, while defined contribution plans depend on contributions and investment performance. --

The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I created this podcast to document my study notes, and I hope you find them helpful in your own preparation.

--

More Exam Prep Content Visit: https://open-exam-prep.com/

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