Estates and Trusts

The saying is true, nothing is certain but death and taxes. The better we understand the requirements associated with Form 706, the better we can serve our clients’ memories, their surviving families, or their executors with the level of knowledge, efficiency, and diligence the clients themselves came to expect of us in their lifetimes.

 After completing this course, you will be able to:

•          Recognize the circumstances that trigger the filing of federal Form 706
•          Understand what is included in the gross estate, as well as common deductions
•          Appreciate and heed the penalties associated with late filings and getting the calculations wrong