Chartered Trust And Estate Planner

DEFINITION of 'Chartered Trust And Estate Planner'

A professional accreditation offered by the American Academy of Financial Management. This credential provides an overview of the various types of trusts available and their appropriate use. It also covers the phases and parties involved in the estate planning process.

BREAKING DOWN 'Chartered Trust And Estate Planner'

Those wishing to earn this credential must have at least three years of experience working with trusts and estates. They must also have a degree in finance, tax, accounting or a related field that has been approved by the AAFM. If the educational prerequisites are not met, candidates must complete five AAFM courses and successfully pass a comprehensive exam. Also, candidates choosing this method must also complete 15 hours of continued educational annually.

RELATED TERMS
  1. Chartered Market Analyst - CMA

    A professional designation awarded by the American Academy of ...
  2. Chartered Asset Manager - CAM

    A professional designation offered by the American Academy of ...
  3. American Academy Of Financial Management ...

    A globally-recognized academic institution that issues a variety ...
  4. Chartered Portfolio Manager - CPM

    A professional designation offered by the American Academy of ...
  5. Certified Trust And Financial Advisor ...

    A professional credential offered by the American Bankers Association ...
  6. Chartered Wealth Manager - CWM

    A professional designation offered by the American Academy of ...
Related Articles
  1. Financial Advisor

    Certifications For Estate Planning

    These certifications can lead to a promising career, but is estate planning for you?
  2. Retirement

    Should You Put Your Faith In A Trust?

    Many institutions want a piece of your portfolio, but trusts can provide a one-stop shop.
  3. Financial Advisor

    Advisors: Tips for When to Employ Living Trusts

    Revocable living trusts accomplish estate planning objectives that aren't possible with a will. Here are some of the cases that show when to use a trust.
  4. ETFs & Mutual Funds

    Who is an Accredited Investor?

    Essentially, accredited investors are knowledgeable and experienced enough to handle the risk that comes with investing in unregistered securities.
  5. Financial Advisor

    Estate Planning Tips for the Average Client

    Fewer financial assets can lead to bigger issues for families who don't establish an estate plan. Here's how advisors can guide the average client.
  6. Retirement

    How To Set Up A Trust Fund In Australia

    No, they're not just for the super-rich. But you need to know the rules.
  7. Financial Advisor

    Passing an IRA to a Trust: The Good and Bad

    Creating a trust is a common estate planning tactic, but naming a beneficiary to an IRA to a trust may have unintended consequences.
  8. Financial Advisor

    Living Trusts vs. Simple Wills: A Comparison

    A look at wills versus living trusts and when to choose one over the other.
  9. Financial Advisor

    Real Estate Careers And Their Designations

    The real estate industry offers a wide variety of career opportunities and dozens of designations to increase your skills.
  10. Managing Wealth

    Which Estate Transfer Technique is Right for You?

    This article explains the difference between the two estate transfer methods -- a will and a trust, and the circumstances under which each can be used.
RELATED FAQS
  1. What percentage of withdrawals from a trust fund is taxed?

    I have an inherited a trust fund. This is the first time I have considered pulling money from the account.  ... Read Answer >>
  2. If I place money in a trust, is it taxable?

  3. How can a trust lower federal transfer tax liability?

    A trust is an arrangement in which an individual or entity controls property or funds on behalf of someone else without actually ... Read Answer >>
  4. What is the difference between revocable and irrevocable intervivos trusts?

    Learn what an inter-vivos trust is, the difference between an irrevocable and a revocable inter-vivos trust, and why it is ... Read Answer >>
  5. Are estate planning fees tax deductible?

    The costs of estate planning can be significant. Are any of these expenses deductible to the taxpayer or are they merely ... Read Answer >>
  6. What is the difference between an intervivos trust and a testamentary trust?

    Understand the differences between a testamentary trust and an inter-vivos (living) trust, and learn why each is important ... Read Answer >>
Hot Definitions
  1. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  2. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  3. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  4. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  5. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  6. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
Trading Center