Estate Planning: Principles and Practice

Information Introduction

Section 1, Spring 25

Schedule Information

Enrollment: /16
Credits: 3
Days Time Room Start Date End Date


1540-1740 WB119

Course Description

This course will examine the principal tax and non-tax aspects of estate planning with an emphasis on the professional skills needed by an estate planner. Topics to be covered include legacy planning, the use of trusts, and generation-skipping planning; asset protection planning; how to protect the settlor’s intent while also building flexibility into the estate plan; planning for the surviving spouse, including marital trusts, credit shelter trusts, and portability; charitable planning, including the income tax and estate tax charitable deductions, and various types of charitable trusts and other charitable vehicles; techniques for making tax-efficient gifts, including annual exclusion gifts, irrevocable life insurance trusts, grantor retained annuity trusts, sales to defective grantor trusts, and qualified personal residence trusts; fiduciary income tax; planning for closely-held businesses; planning for retirement benefits; and ethical considerations in estate planning. There will be a fair amount of emphasis on tax issues.

Course Requirements

Exam Information

Final Type (if any): None

Description: None

Written Work Product

To assist students in developing the professional skills needed by an estate planner, students will be expected to prepare estate planning documents for hypothetical clients throughout the semester. The final project will be a planning memorandum for a client with a challenging estate planning situation. The memo will be due via EXPO by noon on May 8, 2025 (the day before the last day of the exam period).

Other Course Details

Prerequisites: 2L or 3L JD Status. Not required, but helpful to have one or more: Trusts and Estates; Practical Trust and Estate Admin.; Advanced Trusts and Estates; Federal Income Tax; Federal Taxation of Gratuitous Transfers. Because the credits in this course count toward the JD Program Professional Skills requirement, JD candidates will be given enrollment priority for this class. Concurrencies: None

Exclusive With: None

Laptops Allowed: Yes

First Day Attendance Required: Yes

Course Resources: To be announced via Canvas.

Graduation Requirements

Satisfies Understanding Bias/Racism/Cross-Cultural Competency requirement: No

Satisfies Writing Requirement: No

Credits For Prof. Skills Requirement: Yes

Satisfies Professional Ethics: No

Additional Course Information

Schedule No.: 125210041

Modified Type: Simulation

Cross Listed: No

Waitlist Count: 0

Concentrations: Family, Gender and Sexuality , Tax Law

Evaluation Portal Via LawWeb Opens: Sunday, April 13, 12:01 AM

Evaluation Portal Via LawWeb Closes: Sunday, April 27, 11:59 PM

Information reflected on this page was last refreshed at: Friday, July 19, 2024 - 7:02 AM *

*During open enrollment periods, live enrollment data may be found in SIS.