Generation-Skipping Transfer Tax WEBCAST

Overview

This advanced course is designed to complement the 4-part 706 Preparation Series and will discuss various aspects of the Generation-Skipping Transfer Tax.

Highlights

Taxable terminations. Mismatch between available exemption and GST and utilizing excess GST. GST elections on Form 709 and automatic allocations.

Prerequisites

Working knowledge of Forms 706 and 709.

Designed For

CPAs and attorneys who work extensively with estate plans and the Generation-Skipping Transfer Tax.

Objectives

Determine the application of the GST rule and when the tax is triggered. Recognize transfers that trigger GST and when to automatically allocate GST (or elect out) in gifting. Identify common pitfalls.

Preparation

None.

Notice

None.