Federal Income Taxation of Decedents, Estates and Trusts (CCH Tax Spotlight Series)

作者 David Berek著
出版社 CCH Inc.
出版时间 2013年5月
ISBN 9780808035442
定价 1850.70

内容简介

Atthedeathofthedecedent,aseparatetaxableentity,thedecedent'sestate,iscreated.AfiduciaryisappointedtotakeoveradministrationoftheDecedent'sestate.Therepresentativegatherstheassets,filestheDecedent'sfinalincometaxreturn,satisfiestaxliabilities,overseescreationandfundngofanytestamentarytrusts,whichbecomeseparatetaxpayingentites.Theestateisliableforthetaxontheincomereceivedduringtheperiodofitsadministrationandthefiduciaryoverseespreparationofalltaxformsrequiredincludingthefinalincometaxreturnandanyestateandgifttaxreturnsthataredue.CCH'sFederalIncomeTaxationofDecedents,EstatesandTrustsprovidesconcise,plain-Englishcoverageoftheseissuesandmore.Itpresentsthefundamentalrulesforpreparingadecedent'sfinalincometaxreturnandhighlightstheincometaxrulesforthedecedent'sestateandrelatedtrusts.Alsocoveredarethespecialrulesregardingthetaxationofgrantortrustsandbankruptcyestates.Fiduciaryduties,includingliabilityforfilingareturnandpayinganytaxesdueonbehalfoftheestateortrust,arealsothoroughlydiscussed.ExamplesillustratingtheserulesareprovidedthroughoutAmongthesubjectscoveredinthisquickanswerreferenceare:-Decedent'slastreturn-Deathofapartnershipmember-Decedent'sstockholdings-Incometaxreturnofestateortrust-Grantortrusts-Beneficiary'staxliability-Bankruptcyestates-FiduciarydutiesandliabilitiesLatestchangestotheInternalRevenueCode,aswellasnewregulations,rulingsandcases,arereflectedthroughoutthetextthroughdateofpublication.

作者简介

DavidBerek,C.F.P.,C.P.A.,J.D.,LL.M.,isaPartnerintheAdvancedPlanningandFamilyOfficePracticeGroupatHandlerThayer,LLP.HefocuseshispracticeonFamilyOfficeStructuringandAdministration,WealthTransferPlanning,IncomeTaxPlanning,andTrusts&Estates.PriortojoiningHandlerThayer,LLP,Mr.BerekwasaDirectorataglobalprivatebankintheirfamilyofficegroupasafamilyCFO,andrantheWealthPlanninggroupintheCentralUSregionadvisingclientsoftheprivatebankonfamilyofficeandwealthtransfertechniques.Priorexperienceincludespracticingtrustsandestateslawwithlargeandmid-sizelawfirms;income,transfertaxandtrustplanningwithtwobig4publicaccountingfirms;and,estatetaxcomplianceandadministrationwithalargeChicago-basedtrustcompany.Mr.Berekiscurrentlytheeditorofthetwo-volumetreatiseIllinoisEstatePlanning,WillDraftingandEstateAdministrationFormswithPracticalCommentarypublishedbyLexisNexis.Mr.BerekisalsoanadjunctprofessoratDePaulUniversitywhereheteachesEstatePlanning,Estate,GiftandGSTTax,IncomeTaxationofDecedents,EstatesandTrusts,andTaxResearchintheMastersofScienceinTaxationprogram;andatTheJohnMarshallLawSchoolwhereheteachesAdvancedIncomeTaxintheLL.M.GraduateTaxprogram.Mr.BerekearnedaBachelorofScienceinAccountancyDegreefromDePaulUniversity,aJurisDoctorateDegree,cumlaude(LawReview,MootCourt),andanLL.M.inEmployeeBenefitsDegree,withhonors,fromTheJohnMarshallLawSchool.Activewithbarassociations,heisaJohnS.NolanTaxLawFellowoftheAmericanBarAssociation,TaxSection,aformerchairoftheTaxPracticeManagementSubcommittee,andaformerCurrentDevelopmentsreporteroftheEstateandGiftTaxSubcommittee.

丛书

CCH Tax Spotlight Series

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