An examination of the conservation and transmission of family wealth. The material presented will be viewed from a tax perspective, and the course will include a detailed analysis of estate and gift taxation and income taxation as it relates to wealth transfers. Planning and drafting exercises will be assigned.
Prerequisites: Introduction to Federal Income Taxation (700); Trusts and Estates (620)
This is an elective course. Most, though not all, electives are offered each year. Students may expect to have at least one opportunity to subscribe to all electives at some time in their three years in the college.