FEDERAL WEALTH TRANSFER TAX: BASIC CONCEPTS (TAX 111) (2 CREDITS)

Professor WIlliam LaPiana

Introduces the basic concepts of the federal estate, gift, and generation skipping taxes, emphasizing the computation of the tax and the basic rules for determining taxable transfers, the taxable estate, and taxable events under the generation skipping tax as well as methods of actuarial valuation.

Prerequisites: Wills, Trusts, & Future Interests (EST 140).