• 26 minutes

Estate Planning for Mixed Families


Is estate planning even needed with the new tax law?

Estate planning is the process of deciding what should happen to your assets at death or become incapacitated, and taking the steps to ensure your decisions can be carried out. The estate tax exemption will be raised to $11 million for an individual and $22 million if you are married and elect portability. Most professionals don’t have clients with that much in assets. However, only one part of estate planning is the taxation aspect. The tax professional’s role in estate planning has mostly changed as less and less people are subject to the estate tax. However, a lot of estate planning involves an attorney creating trusts, and other entities that have tax obligations. Watch this video for help with creating goals for estate planning, how to avoid probate and different types of trusts.

Runtime: 25 minutes



Craig W. Smalley, MST, EA

Craig W. Smalley, MST, EA


Craig W. Smalley, MST, EA, CWSEAPA®, PLLC

  • CEO and co-founder of CWSEAPA®, PLLC, and Tax Crisis Center®, LLC
  • Has been in practice since 1993
  • Well versed in U.S. tax law and U.S. tax court cases; specializes in taxation, entity structuring and restructuring, corporations, partnerships and individual taxation, as well as representation before the IRS regarding negotiations, audits and appeals
  • In his many years of practice, he has been exposed to a variety of businesses and has an excellent knowledge of most industries
  • Has been a tax columnist for AccountingWEB, Accounting Today, CPA Practice Advisor, EA Journal, and has publish twelve books
  • His articles have also been featured in the Chicago Tribune, New York Times, Yahoo Finance, Nasdaq, and several other newspapers, periodicals, and magazines
  • Has been interviewed and been a featured guest on many radio shows and podcasts
  • Has been admitted to practice before the Internal Revenue Service as an enrolled agent
  • Currently seeking a Juris Doctorate degree
  • Can be contacted at 844-CWSEAPA (844-297-3272), [email protected], or on Twitter® @cwseapa
  • Can be contacted at 844-CWSEAPA (844-297-3272), [email protected], or on Twitter® @cwseapa

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.