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Cannon Financial Institute

Trust Taxation for Trust Officers

Many of the actions and decisions you make as a trust officer or administrator have tax consequences for the trust and for your beneficiaries. Your tax department depends on you to understand and code these transactions correctly.

Select a Session:

Price: $1,740.00
registration, tuition, breakfast and lunch *housing not included

This course is intended for trust officers and trust administrators. This high-level, two-day course is designed to give you a basic understanding of the taxation of trusts, tax issues with trust funding and distributions, distributing capital gains to beneficiaries, generation-skipping transfer tax, tax elections, and much more.

Areas of Study Include:

  • Overview of Trust Taxation
  • Powers of Appointment
  • Grantor Trust Rules
  • Trust Accounting Income
  • Distributable Net Income
  • Taxation of Distributions
  • Distributing Capital Gains
  • Tax Elections for Complex Trusts
  • Total Return Trusts
  • Taxation of Estates
  • Generation-Skipping Transfer Tax
  • Tax Compliance Issues
 

Many professionals satisfy Continuing Education and/or Continuing Legal Education requirements with this course. Rules for CE and CLE approval are time-sensitive and vary by designation and state. We encourage early registration in order to allow for ample processing (request for credits may not be available after course completion).