Estate and Gift Taxation



This course is designed to familiarize students with the provisions of the Internal Revenue Code and Treasury Regulations governing testamentary and inter vivos transfers, including transfers by gift and in trust.

The course examines the basic theory underlying the unified estate and gift tax system as well as related issues, including the generation-skipping transfer tax and the excess retirement accumulations tax.

The course combines an analytical approach to the material with problem-solving to enhance the student's understanding of the actual operation of the rules in this area.

Prerequisite: Survey of Federal Income Tax (340).