Estate and Gift Tax

Catalog description

A survey of the federal taxes on donative wealth transfers, including the estate, gift, and generation-skipping taxes. We will study the evolution of the rules behind the taxes, as well as their role in estate planning. Subjects include items included in the transfer tax base, deductions from the base (including the marital deduction), and the role of the unified credit, as well as the annual exclusion from gift taxes and the exemptions from the generation-skipping transfer tax.