Passing the American College HS-330 Fundamentals of Estate Planning Test Exam
The American College HS-330 exam is a comprehensive test designed to assess your knowledge of estate planning. Passing this exam is necessary for professionals who wish to become certified estate planners. The following guide will provide you with an overview of the exam's content, objectives, and the resources you'll need to pass it.
Exam Details:
The HS-330 exam is a multiple-choice test that consists of 100 questions. The time allotted for the exam is three hours. The exam costs $425. The passing mark for the HS-330 exam is 70%. The exam is computer-based and can be taken at a Prometric testing center or via remote proctoring.
Exam Objectives:
- Identify the fundamental principles and tools of estate planning
- Understand the basic concepts of property ownership, transfer, and taxation
- Explain the basics of trusts, wills, and probate administration
- Recognize the importance of planning for incapacity and special needs
- Describe the methods of transferring assets outside of probate
- Understand the basics of federal transfer taxes
Who should take the exam?
The HS-330 exam is intended for professionals who wish to become certified estate planners. This includes financial advisors, accountants, attorneys, insurance agents, and other professionals who provide estate planning services to clients. Candidates for the HS-330 exam should have a basic understanding of financial planning, tax law, and estate planning concepts.
Related Books:
- Estate Planning: Principles and Problems by Sally Balch Hurme
- The Complete Guide to Planning Your Estate In California: A Step-By-Step Plan to Protect Your Assets, Limit Your Taxes, and Ensure Your Wishes Are Fulfilled for California Residents by Linda Ashar
- Estate Planning Smarts: A Practical, User-Friendly, Action-Oriented Guide by Deborah L. Jacobs
- Wills, Trusts, and Estates: Essential Tools for the New York Paralegal by Ilene S. Cooper
- The Tools & Techniques of Estate Planning for Modern Families, 2nd Edition by L. Paul Hood Jr., and Emily Bouchard
These books cover the key concepts and principles of estate planning, and can help candidates prepare for the HS-330 exam. Additionally, The American College offers study materials and courses specifically designed for the HS-330 exam. Candidates can also take practice exams to familiarize themselves with the format and content of the HS-330 exam.
Passing the American College HS-330 Fundamentals of Estate Planning Test exam requires dedication and hard work. By studying the exam objectives and utilizing study materials, candidates can increase their chances of success. Good luck!