This CPE course guides tax professionals through critical post-mortem estate planning decisions and tax compliance requirements. Designed for practitioners working with estates, the course covers essential topics including income tax elections, required tax filings, strategic use of disclaimers, and remedial planning techniques for inadequately planned estates. Participants will learn practical approaches to post-death administration and gain understanding of key elections and planning opportunities available to heirs and fiduciaries.
Learning Objectives
Upon completion of this course, participants will be able to:
Recognize the many important decisions that can and should be made by the heirs and fiduciaries of a decedent.
Identify how disclaimers work, and the many planning opportunities they present.
Determine the tax returns that must be filed after a decedent's death to address the proper administration of the estate.
Statethe key unique post-death elections and decisions that should be considered for a decedent client
