Spring 2013
    Law No.: LAW8655
    Sched. No.: 113210054

Estate Planning: Principles and Practice
Section 1
X
Fox, Charles D.



Administrative Information:
During SIS enrollment, check on SIS for real-time enrollment numbers
Days, Times (Room):T, 1600-1800 (WB129)
Credits:3Type:Lecture
Capacity:16 **This information is current as of 05/24/2013 06:18:32 AM**
Current Enrollment:16 **This information is current as of 05/24/2013 06:18:32 AM**

Course Description:

This seminar will consider the principal tax and non-tax aspects of estate planning, with an emphasis on sophisticated tax planning techniques for wealthy individuals. Topics to be covered will include: pre-marital planning with special attention to second marriages; use of marital deduction, credit shelter, and generation-skipping trusts; techniques for lifetime transfers of assets; use of charitable trusts and other deferred giving techniques; life insurance in estate plans; dealing with special assets, such as personal residences, art and other collectibles, farms and ranches, retirement benefits, and closely held businesses including family limited partnerships; planning for the payment of taxes, including both federal and state taxes; post mortem planning; fiduciary income tax planning; planning for possible changes in tax law; selection of beneficiaries, especially where there are no children, and the achievement of equity among family members and other beneficiaries; fundamental considerations in estate administration: comparison of wills, trusts, and other techniques; asset protection planning and ethical considerations in estate planning.

ATTENDANCE REQUIREMENT: Enrolled students who do not attend the first class session will be dropped. Students seeking to enroll in this course must attend the first class session.
PREREQUISITE: Federal Income Tax, Trusts and Estates
COURSE REQUIREMENT: Paper required (drafting assignments)

Prerequisites:Federal Income Tax, Trusts and Estates
This course is on the professional skills course list.