Estate Planning Certifications

Estate planning is a complexfield requiring a breadth of knowledge in law, finance, and accountingfields.  In addition to relevant advanceddegrees, many certifications exist to bolster the credibility of an estateplanner, which, in turn, hopefully improves their business.

The Chartered Trust andEstate Planner (CTEP) designation is certified by the American Academy ofFinancial Management and requires at least three years of experience in theestate planning field, an advanced degree, annual continuing educationrequirements, and over five approved courses.

The Accredited EstatePlanner (AEP) designation is certified by the National Association of EstatePlanners & Councils and requires at least five years of estate planning experience,a professional license, two graduate courses, and a minimum 30 hours of continuingeducation.

The Certified Trust andFinancial Advisor (CTFA) designation is certified by the American Bankers Associationand requires at least three years of experience in wealth management, a letterof recommendation, an ethics statement, and 45 continuing education creditsevery three years. 

A number of additionalcertifications exist out there for the estate planner including a CharteredWealth Manager, Asset Manager, Portfolio Manager, or Compliance Officer.

See MarvDumon, Certifications for Estate Planning,Investopedia, June 5, 2013.