Cannon Trust Curriculum Overview
The Cannon Trust curriculum focuses on areas of technical application of property law, tax law, trust instruments, fiduciary law and regulations, and estate planning and wealth management principles.
The Cannon Trust curriculum is consistent in complexity and designed to build in content from one course to the next leading towards the Certified Trust and Fiduciary Advisor™.
Cannon Trust Fundamentals
This course is an introductory course in trust and is not mandatory.
Topics covered in this course:
- Business Terminology
- Legal Concepts and Overview
- Utilization of Trust Services
- Retirement and Estate Planning Instruments
- Operational Rules
- Rules for Estate Taxation
- Fundamental Fiduciary Responsibilities
- Investment Management Responsibilities and Structures
- Document Analysis
- Case Studies
Cannon Trust I
This course begins a three-part series in the technical competencies and skills required to perform complex trust administration responsibilities. We encourage you to have at least six-twelve months of related experience before beginning taking this course.
Topics covered in this course:
- Overview of Trust Business
- Property Law
- Principal and Income Law
- Fiduciary Income Taxation
- Fiduciary Law
- U.S. Estate and Gift Taxation
- Investments (Economy and Equities)
- Estate and Trust Administration
- Types and Uses of Trusts
Cannon Trust II
This course is the second course in the three-part series. Participants must have successfully completed Cannon Trust I before registering for this course.
Topics covered in this course:
- Foundations of Retirement Plans and Planning
- Estate Planning for Retirement Plans
- Income Tax Issues and Strategies
- Distribution Mechanisms
- Advanced Trust Topics
- Advanced Marital Deduction Planning
- Generation-Skipping Transfer Taxation
- Administrative Case (Applied Gift, Estate, GSTT, Document Analysis, Property Ownership)
- Investment Management (Fixed Income and Investment Companies)
Cannon Trust III
This course is the final course in the three-part series. Participants must have successfully completed Cannon Trust I and II before registering for this course. After completion of this course, participants are prepared to take the CTFA™ designation exam. Note, there is an application process for the CTFA™ designation.
Topics covered in this course:
- Gift and Estate Tax Update
- Key Laws
- Individual Income Tax
- Personal Finance and Insurance
- Investments (Performance Measurement)
- Advance Generation-Skipping
- Grantor Trust Rules
- Split-Interest and Charitable Trusts
- Advanced Fiduciary Income Tax