Why attend?

The grantor trust rules under I.R.C. § 671-677 can be confusing. Understanding how these complicated code provisions work is a daunting task. A grantor trust is a trust in which the income is taxable to the settler (the grantor) because the settler has retained substantial control and is deemed by the code to be the owner of the trust assets. Thus, when a grantor retains such an interest or discretionary power over such a trust, practitioners must be careful to avoid the reach of § 671-677. The sophisticated estate planner and administrator must have a thorough knowledge of the subtleties and nuances of these complex rules. In this program, experienced practitioners guide you through the intricacies of the grantor trust rules, explaining how they work, so that you can serve your clients better.

The new revenue ruling analyzing the use of the power of substitution without triggering estate tax inclusion is also addressed.

You will learn...

Agenda and written materials