CLE on Trust Taxation: The Ultimate Guide
The National Business Institute is holding a webcast entitled, Trust Taxation: The Ultimate Guide, on Friday, October 19, 2018, at 9:00 a.m. – 4:00 p.m. Central. Provided below is a description of the event.
Program Description
Get the Knowledge You Need to Handle Trust Taxation Effectively
Can you confidently predict the tax consequences of specific trust structures and do you know how to most effectively minimize the tax burden for your clients? This timely and practical legal guide will give you the knowledge you need to cogently advise your clients on their planning options. Register today!
- Determine how trust assets are valued for purposes of determining tax liability.
- Compare different ways of calculating taxable income.
- Gain solutions to common capital gains tax issues.
- Learn to use discretionary distributions effectively.
- Clarify recent IRS changes to material participation of trusts.
Who Should Attend
This legal guide is designed for attorneys. It will also benefit accountants, trust officers, estate planners, tax professionals, and paralegals.
Course Content
- Tax, Legislative, Enforcement, and Regulatory Trends
- Tax Impact of Common Trust Structures
- State Tax Considerations and Decanting Rules
- Trust Asset Valuation and its Tax Consequences
- Structuring Trust Income Taxation
- Taxable Income Calculations: Comparative Case Studies
- Capital Gains Tax in Trusts
- Discretionary Distributions in Lieu of Tax
- Post-Mortem Tax Planning and What Happens when a Trust Becomes Irrevocable
- Accumulation Distribution for Some Complex Trusts
- Material Participation by Trusts – Recent IRS Changes
Continuing Education Credit
Continuing Legal Education
Credit Hrs State
CLE 6.00 – AK
CLE 6.00 – AL
CLE 6.00 – AR
CLE 6.00 – AZ
CLE 6.00 – CA
CLE 7.00 – CO
CLE 6.00 – CT
CLE 6.00 – DE
CLE 7.00 – FL*
CLE 6.00 – GA
CLE 6.00 – HI
CLE 6.00 – IA
CLE 6.00 – ID
CLE 6.00 – IL
CLE 6.00 – IN
CLE 7.00 – KS
CLE 6.00 – KY
CLE 6.00 – LA*
CLE 6.00 – ME
CLE 6.00 – MN
CLE 7.20 – MO
CLE 6.00 – MP
CLE 6.00 – MS
CLE 6.00 – MT
CLE 6.00 – NC*
CLE 6.00 – ND
CLE 6.00 – NE
CLE 6.00 – NH
CLE 7.20 – NJ
CLE 6.00 – NM
CLE 6.00 – NV
CLE 7.00 – NY*
CLE 6.00 – OH
CLE 7.00 – OK
CLE 6.00 – OR
CLE 6.00 – PA
CLE 7.00 – RI
CLE 6.00 – SC
CLE 6.00 – TN
CLE 6.00 – TX*
CLE 6.00 – UT
CLE 6.00 – VA
CLE 6.00 – VT
CLE 6.00 – WA
CLE 7.00 – WI
CLE 7.20 – WV
CLE 6.00 – WY
Continuing Professional Education for Accountants
Credit Hrs State
CPE for Accountants 7.00 – AZ
CPE for Accountants 7.00 – NY*
CPE for Accountants 7.00 – WA
CPE for Accountants 7.00 – WI
* denotes specialty credits