WOL-903: Wills, Trusts, & Estates

WOL-903: Wills, Trusts & Estates

Credits: 3 Credits (126 Clock Hours)
Self-paced: 4-month completion deadline.
Daily Starts

Description

Delve into the intricacies of estate planning with WOL-903, a course designed to give a comprehensive insight into the realm of wills, trusts, and the probate process. Leveraging an accessible narrative, devoid of jargon, this course highlights key components of probate law, procedural nuances, tax implications, and ethical considerations. The curriculum is enriched with case studies, state-centric examples, and real-world documents, ensuring that students are not only well-informed but are also ready to apply their knowledge practically.

What you'll learn:

An in-depth understanding of property types: real, personal, probate, and non-probate.
Grasping the fundamental reasons and objectives behind estate planning.
Evaluating the pros and cons of having a will.
Mastering the guidelines essential for drafting wills.
Recognizing key players in the process of formulating wills and trusts.
Staying updated with the latest tax implications for both gifts and estates.
Decoding the critical elements that constitute trusts.
Comprehensive understanding of the various components that make up estate planning.

Enroll Anytime

Students can enroll at Washington Technical Institute any time of the year. Open enrollment allows students the ability to start straining for a new career without waiting for a traditional semester to begin.

Self-Paced Courses

Every course at WTI is self-paced, allowing students to spend the time they need to master each lesson. Students have the flexibility to plan and adjust lessons to fit their schedule.

Accredited by MSA-CESS

Washington Technical Institute is regionally accredited as a postsecondary institution by the Middle States Association Colleges & Schools.

Login At Your Convenience

Courses are self-paced and supported by qualified faculty. Students work on their reading, assignments, and quizzes on their own time. This flexibility allows students to study while navigating the rest of their busy lives. Our courses and programs have completion deadlines, but beyond that, students can complete the work on their own schedule. Instructors are always available for questions and support. Students are not required to attend any scheduled class meetings.

Features

Interactive Online Learning that Fits Your Schedule

Washington Technical Institute understands that you have a busy schedule and that you are looking for a school that will fit into your lifestyle. Our virtual classroom helps you fit your education into your life. Our synchronous sessions are designed to help provide additional instructor-led activities and interactions to help with some of the more complex topics. No need to worry, though…if you miss a session, they are all recorded! You can connect with your instructor on questions you have at any time.

Check out the video below for a walkthrough of our learning management system!

Program Starts

This program starts every day which means you do not have to wait to get started on your education!

Technology Requirements

Students will need to have access to the internet as well as a computer or Chromebook to complete this class. Using a tablet, or phone will not be possible for this program given the nature of the material.

Tuition

Ask Our Student Student Services Staff About Special Tuition Options
Call Today 1-800-371-5581

Tuition Includes:

24/7 Access to WTI Interactive Online Classroom
Hands-on Instruction by qualified attorney professors
Audio Lectures (downloadable)
Westlaw or Lois Law Training
Lifetime Career Development Guidance
No Interest Installment Plans

Total Tuition: $599

Available Payment Options & Financing

Full Payment: $599
Payment Plan: $299.50 over 2 payments

Certain restrictions apply for students who pay for tuition via a third party, such as WIA, Vocational Rehabilitation, MyCAA and other funding sources. Please see the Financial Assistance page for details and other information

Curriculum

WOL-903 introduces the basics of estate planning and bequeathing property through wills and trusts, along with the Uniform Probate Code and other laws and procedures involved. With its engaging, visual content and a writing style free of confusing legalese, the textbook provides upto-date coverage of substantive probate law, procedural law, tax implications, ethical considerations, and the roles paralegals and other professionals play in the process. Case summaries, state-specific examples, detailed documents, practical assignments, and discussions of contemporary issues prepare students for their careers.

Course Objectives:

Throughout the course, you will meet the following goals:

Identify the various kinds of property, such as real, personal, probate, and non-probate.
Explain the need for and purpose of an estate plan.
Identify the advantages and disadvantages of a will.
Identify and follow guidelines used to prepare wills.
Identify the participants who are essential for drafting wills and trusts.
Understand the current tax consequences for gifts and estates.
Identify and define the essential elements of trusts.
Explain the components of estate planning.

Ch 1: Property in Wills, Trusts, and Estates
Ch 2: The Estate Plan, and Need for a Will
Ch 3: The Law of Succession
Ch 4: Wills: Validity, Modification, and Revocation
Ch 5: Preparing to Draft a Will
Ch 6: Final Draft and Execution of a Valid Will
Ch 7: The Participants and the Proper Court
Ch 8: Personal Representatives
Ch 9: Probate and Estate Administration
Ch 10: Informal Probate Administration
Ch 11: Tax Considerations with Estates
Ch 12: Introduction to Trusts
Ch 13: Classification of Trusts
Ch 14: Estate Planning
Ch 15: Long-Term Care

Grading Scale

A = 95-100%
B = 88-94.9%
C = 80-87.9%
D = 70-79.9%
F = Below 70%

Grade Weighting

Chapter Quizzes.................70%
Final Exam..........................30%

Get Started Today!

Advance your education with an accredited certificate program from Washington Technical Institute (WTI). WTI is Regionally accredited by the Middle States Association CESS, and licensed by the Minnesota Office of Higher Education as an institution of higher learning.

ENROLL NOW

Get More Information

Washington Technical Institute is Regionally accredited by the Middle States Association CESS, and licensed by the Minnesota Office of Higher Education as an institution of higher learning.

WOL-903: Wills, Trusts, & Estates