The Institute has established the P. Thomas Austin Personal Financial Planning Division Scholarship in honor of the CPA who has chaired the Advanced Estate Planning Conference for three decades.
The scholarship will cover the registration fee and travel expenses of a young CPA to attend the conference each year beginning in 2011 and will go to a CPA who has five to 15 years of accounting experience, practices estate planning or is a member of estate planning organizations, and is an AICPA member.
The Institute will announce the full criteria for the scholarship and will start accepting applications this month.
Austin, 83, specializes in estate and personal financial planning and is a consultant to CPA firms, law firms and other professional organizations. He worked for Ernst & Young for 38 years prior to establishing his consultancy practice.
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