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. American Academy Of Financial Management ...

    A globally-recognized academic institution that issues a variety ...
  3. Chartered Wealth Manager - CWM

    A professional designation offered by the American Academy of ...
  4. National Association Of Estate ...

    A nationwide coalition of estate planners and estate planning ...
  5. Accredited Investor

    A term used by the Securities and Exchange Commission (SEC) under ...
  6. Credentialing Liability

    Liabilities that a hospital or medical facility faces for the ...
Related Articles
  1. Home & Auto

    Certifications For Estate Planning

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

    Financial Certifications With The Best ROI

    These certifications will land you a long, profitable career for an affordable price.
  3. Retirement

    Pick The Perfect Trust

    Trusts are an estate plan's anchor, but the terminology can be confusing. We cut through the clutter.
  4. Professionals

    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.
  5. 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.
  6. Taxes

    Tax-Efficient Wealth Transfer

    Taxpayers with large taxable estates were required to take steps to reduce them before 2011.
  7. Financial Advisors

    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. Personal Finance

    Living Trusts vs. Simple Wills: A Comparison

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

    Surprising Ways a Trust Could Help Your Family

    Everything you always wanted to know about setting up trusts, in handy glossary form.
  10. Taxes

    Planning For The Estate Tax's Return

    The 2010 estate tax lapse could be costly to your family if it keeps you from planning.
RELATED FAQS
  1. 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 >>
  2. 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 >>
  3. 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 >>
  4. What is estate planning?

    Estate planning involves making plans for the transfer of your estate after death. Your estate is all the property that you ... Read Answer >>
  5. What are the requirements that a trust needs to meet to be qualified?

    The requirements that a trust must meet to be qualified are as follows: The trust must be a valid trust under state law or ... Read Answer >>
  6. What are the differences between a Chartered Financial Analyst (CFA) and a Certified ...

Hot Definitions
  1. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  2. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  3. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  4. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  5. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
  6. Sharing Economy

    An economic model in which individuals are able to borrow or rent assets owned by someone else.
Trading Center