- Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, for both a husband and a wife
- Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return
- Form 1041, United States Income Tax Return for a Trust
- Form 1041, United States Income Tax Return for an Estate
- Schedule K (Form 1041), Accumulation Distribution for Certain Complex Trusts
- Form 1040, Decedent's Final Individual Income Tax Return
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- 2008 inflation adjustments affecting estate planning
- Discussion of Estate of Davis, where an estate's interest in future lottery payments was valued in accordance with the IRC Section 7520 annuity tables;
- Discussion of Estate of Negron, where a district court held that the annuity tables in IRC Section 7520 did not accurately reflect the fair market value of future lottery payments because the tables failed to account for lack of marketability;
- Detailed discussion of UBTI and charitable remainder trusts;
- Discussion of new proposed regulations that examine post-death events in determining an estate's deductible claims;
- New proposed regulations that address post-death adjustments of deductible tax liability;
- Discussion of Supreme Court case holding that trust investment advice fees are subject to 2%-of-AGI floor;
- Discussion of Galloway, where the court denied a decedent's estate a charitable deduction for the amount of trust principal that would eventually be distributed to two charitable beneficiaries from a split interest trust; deduction was denied because the property was not transferred in a qualifying form such as in an annuity trust, a unitrust, or a pooled income fund;
- Discussion of Rev. Rul. 2007-45 and Rev. Proc. 46 where the IRS provides sample forms for CLATs;
- Discussion of Notice 2007-90 where the IRS considered whether security is needed to defer estate tax under IRC Section 6166;
- Discussion of Roski, where the Tax Court rejected mandatory bond for election to pay estate tax in installments;
- Discussion of Letter Ruling 200744001 where the IRS rules that contingency in sales contract was enough to prevent income in respect of a decedent;
- Updated discussion of charitable lead annuity trusts;
- Discussion of new final and proposed GST regulations addressing trust severances;
- Discussion of Estate of Korby, where court held that family limited partnership assets were includible in decedent's estate because the decedent retained the right to income from the transferred assets and the transfer was not a bona fide sale for consideration;
- Discussion of Estate of Jelke, where the court concluded that the estate tax value of holding company stock should be reduced by full built-in capital gain tax;
- Discussion of Estate of Gore, where the court held that assets transferred to family limited partnership were includible in decedent's gross estate because the decedent continued to control and use the assets up to the date of death;
- .Text updated to reflect Estate of Bigelow, where court held that the amount to be included in decedent's gross estate was the fair market value, rather than the discounted value, of the decedent's residence that she had transferred to a family limited partnership before her death;
- Text updated to reflect Estate of Erickson, where the court held that assets transferred by a decedent to a family limited partnership before death must be included in her gross estate pursuant to IRC Section 2036(a) because she retained possession and enjoyment of the assets;
- Discussion of the Sixth Circuit decision in Estate of Gerson, where the court held that a decedent's exercise of her testamentary general power of appointment in favor of her grandchildren with respect to a trust that was made irrevocable prior to September 25, 1985, was subject to the generation-skipping transfer (GST) tax under Reg. Section 26.2601-1(b)(1)(i);
- Discussion of penalties imposed on delinquent estate tax returns;
- Discussion of return requirements imposed on nonresident aliens;
- Discussion of how to report income from blind trusts;
- Discussion of how taxpayers should treat qualified mortgage insurance premiums on their tax returns.
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