Foundations of Tax - Module 2
This module focuses on the taxes that specifically impact estates, trusts, and wealth transfers. The origins of these taxes are explored as well as their intentions. Taxes for beneficial owners are more complex than for most Americans. With an understanding of these taxes and one’s beneficial asset holdings, beneficiaries can work more productively with their trust advisory team. To this end, students will begin to learn about the tax landscape they face and how to take a more strategic approach through tax planning.
Estimated Completion Time: 1 hour
Featured Resources:
Articles/Books
- Don't Leave a Mess Chapter 6, "Taxes: Truth or Consequences" by Sandra Pollack
- Estate & Trust Administration for Dummies, 2nd ed Chapter 16 "Preparing the Estate Tax Return by Margaret Atkins Munro,EA & Kathryn A. Murphy, Esq
- Form 709 Department of the Treasure Internal Revenue Service
- "When a QPRT is Not a Qualified Place to Park Your Residence" by Amiel Z. Weinstock
- How to Reduce Estate Taxes Summary
- "Do I Really Have to Send These Crummey Notices?" by David Gonzales
- Access your courses anytime, anywhere, with a computer, tablet or smartphone
- Videos, quizzes and interactive content designed for a proven learning experience
- Unlimited access. Take your courses at your time and pace
- This program is designed to take 1-2 months with approximately 10-15 hours per week of study. If you put in more hours per week, you will finish sooner than the predicted 1-2 months
