Estate Administration and Tax Planning for Survivors

Initial Steps of Estate Administration. Income Taxation of Estates, Trusts, and Beneficiaries. Tax Elections and Opportunities. Strategies for Paying the Tax. Special Use Valuation. Marital Deduction Trusts: QTIP Elections and Funding. Tax Returns and Audits. Disclaimers and Renunciations. Estate Accounting and Closing the Estate. The Surviving Spouse and Future Generations.