Estate and Financial Family Tax Planning (3)

Course Level: Graduate

An examination of income, estate, and gift tax rules coupled with nontax legal and financial considerations in establishing a tax-efficient wealth transfer plan within a family. Includes detailed analysis of the income taxation of estate and trusts (Subchapter J). Estate planning legal mechanisms, charitable and family gifts, private foundations, and issues in disposing of closely-held business interests are also studied. Prerequisite: ACCT-604 or permission of Director of the MS Taxation program.