Chartered Trust and Estate Planner: Definition, Requirements, and Benefits

A chartered trust and estate planner (CTEP) designation is a prestigious accreditation offered by the Global Academy of Finance and Management (GAFM). This certification is tailored for financial professionals specializing in trusts and estates, particularly those serving high-net-worth individuals and families. Let’s explore the significance, requirements, and benefits of attaining the CTEP certification.

A chartered trust and estate planner is a professional accreditation granted by the Global Academy of Finance and Management (GAFM). This credential signifies expertise in trusts and estates, demonstrating proficiency in various legal and financial aspects related to estate planning. The curriculum and testing process provided by GAFM evaluate candidates’ competency in areas such as trust types, estate planning phases, tax planning, and international client services.

The curriculum and testing process offered by GAFM assess candidates’ knowledge through a comprehensive course covering various trust types and their applications, estate planning phases, and international client services. It emphasizes understanding legal and financial topics essential for effective estate planning, including tax planning strategies, anti-avoidance rules, and U.S. tax treaties. The certification program also focuses on developing interpersonal and communication skills crucial for interacting with affluent clients.

To qualify for the chartered trust and estate planner certification, candidates must meet specific eligibility criteria established by GAFM. These criteria include a minimum of three years of experience in trusts and estates-related work and a degree in finance, tax, accounting, or a related field from an accredited program approved by GAFM. Alternatively, candidates can fulfill educational prerequisites by completing designated GAFM courses and passing a comprehensive exam.

Candidates who do not meet the educational prerequisites can still earn the certification by completing specified GAFM courses, passing an exam, and fulfilling annual continued education requirements. Continuing education is essential for maintaining or renewing the certification and pursuing advanced professional certifications in the future.

To qualify for the chartered trust and estate planner certification, candidates must have a minimum of three years of experience in trusts and estates-related work and hold a degree in finance, tax, accounting, or a related field from an accredited program approved by GAFM.

Candidates who do not meet the educational prerequisites can still earn the certification by completing specified GAFM courses, passing an exam, and fulfilling annual continued education requirements.

The certification offers enhanced professional credibility, specialized knowledge in trusts and estates, access to advanced career opportunities, and recognition in high-net-worth client services.