Estate Planning: Principles and Practice

Section 1, Spring 17

Schedule Information

Enrollment: 13/16
Credits: 3

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 premarital planning; planning for the surviving spouse and descendants including marital trusts, credit shelter trusts, and generation-skipping planning; asset protection planning; charitable planning including the income tax and estate tax charitable deductions and split interest charitable trusts such as charitable remainder trusts and charitable lead trusts; techniques for making 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 Info:
Midterm Type (if any): None
Description: None

Final Type (if any): Due Date Only
Description: The final written product is due via EXPO by 5:00pm (EST) the last day of class, Friday April 28th, 2017.
Final Exam Notes:

The final written product is due via EXPO by 5:00pm (EST) the last day of class, Friday April 28th, 2017.

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: Second- or third-year status. Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: Yes
Course Notes: This class emphasizes and examines the tax consequences of estate planning. 

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: Yes
Satisfies Professional Ethics: No

*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

General Information

Schedule No.
Law No.
Modified Type
Cross Listed: No
Cross-Listed Course Mnemonic:
Concentrations: Family Law, Tax Law
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens:
Evaluation Portal Via LawWeb Closes: