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Creating Lifetime Trusts – A Review of the Inheritance Tax and Capital Gains Tax Rules

Course Outline

A review of the inheritance tax and capital gains tax rules when creating a lifetime trust and settling wealth on the terms of a lifetime trust.

Using case studies and examples, we will consider in detail the inheritance tax and capital gains tax implications of creating settlements and making gifts into trust.

What the course covers

  • The effect of the settlor's gifting history
  • GROBs
  • Pre-owned asset tax
  • Multiple trusts and related settlements, or not
  • Added property
  • Same day additions
  • Holdover elections
  • Settlor interested settlements

Course Details

Category
Technical
Topics
Trusts Inheritance Tax Planning