Gift Strategy and Taxation

Course Number: ABA

Course Code: ABA

Illustrates how to compute the gift tax, identifies who is liable to pay gift tax, and the impact of gift taxation on powers of appointment. Explores the benefits of a lifetime gift program and disadvantages of lifetime gifts. Demonstrates shifting income with gifting, and options for adults to retain control of property transferred to a minor. Emphasizes the importance of the marital deduction in estate planning.

What You’ll Learn

After completing this course, students will be able to:

Describe the basics of gift taxation
Explain the exclusions and gifting options
Describe the rules and advantages of the marital deduction

Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.

Prerequisites: N/A