From not having a basic understanding of the 3 main types of trusts to making bad choices in assets and asset managers, there are some key mistakes trustees make when failing to consider tax issues.
“Let the misery begin!”
Lucien P. Gauthier, Esq, CPA Chair Boston Tax Institute, LTD
Attorney Tony De Angelo will teach you about issues and omissions in tax and trust practice that he has seen over the past four decades. These are some of the main issues discussed: errors in dealing with various asset types in trusts, timing of liquidation, frequent errors with U.S. Savings Bonds and problems with tax-exempt assets in Irrevocable Trusts. To access the course please click here: Key Tips for Trustees in Avoiding Trust Tax Problems.
Tony will also highlight:
* Common fiduciary failures
* The importance of year-end planning
* The IRC Sec. 645 Election
* Timely tax deductions in trusts and estates* IRC Section 164 & SALT limitations
* IRS Form 8275
Currently serving for more than 25 years as the Managing Director of Connecticut Based Paragon Trust Company, Tony practices in the field of Taxation, Trusts, Estates, Private Client Matters, Taxpayer Representation, Not-For-Profit Entities, and Charitable Matters.
This CLE is offered in:
* Alaska (AK)
* Arizona (AZ)
* California (CA)
* Connecticut (CT)
* District of Columbia (DC)
* Illinois (IL)
* Maryland (MD)
* Massachusetts (MA)
* Michigan (MI)
* Missouri (MO)
* New Hampshire (NH)
* New Jersey (NJ)
* New York (NY)
* North Dakota (ND)
* Pennsylvania (PA)
* South Dakota (SD)
Attorney Credits offers CLE for attorneys in New York and around the country. For more information about CLE in New York please click the following link: NY CLE.