There was a problem adding this course to your account. Please try again in a few minutes. If the problem persists, you can contact our support department at (877) 880-1335.
Adding Registration, Please wait...
You must be logged in to perform this action.
Log in
Cancel
Income Taxation of Domestic Trusts
Trusts and Estates Section; Income Tax Section
Credit(s):
1 Legal Specialization in Estate Planning; Trust & Probate Law
1 Legal Specialization in Taxation Law
1 Participatory MCLE Credits
Trusts and estates are subject to increased tax rates as high as 40.8% on ordinary income as soon as net income exceeds only $12,750 ( in 2019) and 23.8% on qualified dividends and long term capital gains as soon as net income exceeds $12,950 (in 2019). To help practitioners minimize the impact of higher tax rates and avoid many of the traps for the unwary, this program will translate different definitions of income, including fiduciary accounting income, distributable net income and trust taxable income in a clear and concise manner. In addition, this presentation will review the impact of recent tax reform, case law, IRS guidance, and Treasury regulations on the taxation of trusts and estates.
1 Legal Specialization in Estate Planning; Trust & Probate Law
1 Legal Specialization in Taxation Law
1 Participatory MCLE Credits
Customers Who Bought This Item Also Bought
(OnDemand) Decanting 101: The New California Trust Decanting Act
(OnDemand) 2018 Estate & Gift Tax Conference: The Path from GRAT and IDGITs to Efficient Wealth Transfers
(OnDemand) 2018 Estate & Gift Tax Conference: Rethinking the Bypass Trust
(OnDemand) The 42nd Annual Fall Program: Understanding Special Needs Trusts
(OnDemand) U.S. Income Taxation of Foreign Trusts
(OnDemand) 27th Annual Estate and Gift Tax Conference: Top Planning Opportunities Today (Sorting Through the COVFEFE)
(OnDemand) 2019 CLA Annual Meeting - T is for Trust and Trouble - 6 Tricky Administration Issues
(OnDemand) 2019 CLA Annual Meeting - A New Age of Estate Planning for Married Couples
(OnDemand) How to Get Rid of a Dead Body
(CLEtoGo (Podcasts)) A Practical Explanation of Estate Tax Return Preparation
(OnDemand) Property Taxes: Pitfalls, Practical Solutions, & Advising Clients on Pros & Cons of Proposition 19
(CLEtoGo (Podcasts)) Ethical Concerns for Trust and Estate Practitioners