Courses
Trust Tax Fundamentals
This course is designed for people who are responsible for preparing and reviewing tax returns for simple, complex, estate, and grantor trusts.
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- Available settings
- On-Campus, Online, 10 Weeks
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- School
- Tax
Participants receive both comprehensive coverage of the relevant laws and regulations as well as practical hands-on learning including case studies, quizzes, and examples to apply the knowledge gained during the class.
Areas of Study Include
- Understanding Trust Documents
- Introduction to Trust Taxation
- Grantor Trust rules, including intentionally defective grantor trusts
- Planning with grantor trusts
- Understanding and determining Trust Accounting Income (TAI)
- Understanding and determining Distributable Net Income (DNI)
- In-depth discussion of how and when capital gains are allocated to beneficiaries
- Complex Trust Issues/Elections
- Estate/Death Administration Trusts
- Income and deductions in respect of a decedent (IRD/DRD)
- Comprehensive Case Study
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).
Related Courses
Charitable Trust Tax Workshop
Master tax preparation for various trusts and foundations. Explore relevant laws through practical learning and case studies. Ideal for tax professionals seeking to fulfill Continuing Education requirements while enhancing their expertise in charitable trust taxation.
Trust Taxation for Trust Officers
Dive into essential trust taxation concepts in this two-day course. Covers funding, distributions, capital gains, and generation-skipping transfer tax. Designed for trust officers and administrators looking to build a solid foundation in key tax issues for effective trust management.
Estate, Gift & Generation-Skipping Transfer Tax Workshop
Develop expertise in preparing and reviewing gift, estate, and generation-skipping transfer tax returns. Ideal for professionals handling complex estate planning scenarios. Gain practical skills to navigate intricate tax regulations in wealth transfer.