Generation-Skipping Transfer Tax

$135.00

SKU: 10211 Category: Tag:

Description

Explores planning aspects of the GST tax. Describes the transfer categories and how they are explained to clients and applied. Explains how allocations are used in GST tax exemptions and timely allocations and tax returns and the possible difficulties of making late allocations of filings. Explains the automatic allocation rules with respect to property transfers. Describes the concepts used in calculating the tax. Discusses differences between GST tax on taxable terminations, taxable distributions, and direct skips, and describes the treatment of effective date rules for trusts.

;

What You’ll Learn

After completing this course, students will be able to:

  • Define key terms related to GST
  • Describe planning aspects of GST
  • Identify the transfer categories, exceptions, and exclusions for GST
  • Explain the benefits of the generation-skipping transfer exemptions and allocations in estate planning
  • Recognize the concepts associated with calculating the GST tax, including special rules
  • Additional information

    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.

    Length

    Approximately 1 hour

    Credits

    1.25 CISP, CTFA

    Member Price

    135.00

    Non-Member Price

    185.00

    Course Number

    ABA

    Location

    Online Self-Paced

    Vendor

    ABA

    Course Code

    ABA

    Prerequisites

    None

    Day

    Online

    1
      1
      Your Cart
      Placeholder
      Bank Bribery Act
      1 X $55.00 = $55.00