With an increasingly steady stream of people nearing retirement, estate, gift, trust, and certain transfer taxes remain hot topics for individual taxpayers and their tax advisors. This course will provide you with the understanding and tools needed to plan for tax minimization on transfers of wealth.

Learning Objectives

• Recognize rules related to estate, gift, trust, and generation-skipping taxes and the purpose of these wealth-transfer taxes
• Identify vehicles for wealth-transfer planning
• Recognize what is included in the gross estate of a decedent and calculate the gross estate value
• Recognize the various deductions and credits available when calculating the gross estate of a decedent
• Identify the purpose of generation-skipping transfers and the generation-skipping transfer tax according to the IRC