Postmortem Estate Planning (Currently Unavailable)

Author: Arthur Joseph Werner

This course provides the practitioner an understanding of after-death planning issues of a decedent's estate.

The field of estate planning is increasingly complex. Finding appropriate solutions to a client's estate issues upon his/her death are critical to a number of areas, including the estate tax return of the decedent, the decedent's final income tax return, the income tax return of the estate of the decedent, and the estate and financial planning issues of the heirs of the decedent.

Publication Date: October 2013

Designed For
CPAs, EAs, attorneys, financial planners,

Topics Covered

• Alternative valuation date (AVD) issues
• Installment payments of estate taxes (IRC Section 6166)
• QTIP elections under IRC §2056(b)(7)
• The use of qualified disclaimers
• Basis issues
• Medical expenses of final illness
• Savings bond interest acceleration
• Estate fiscal year and accounting method elections
• Passing out administrative expenses to maximize benefits to beneficiaries
• The sixty-five-day rule election
• Income and deductions in respect of the decedent (IRD)

Learning Objectives

• Recognize the planning issues facing the estate of a decendent.

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of estate planning

Advance Preparation
None