CORE Series: Trust Taxation Fundamentals: Understanding Grantor, Irrevocable, and Living Trusts WEBINAR

Overview

Trust taxation remains a complex and frequently misunderstood area of practice. This session reviews the income tax treatment of common trust structures, including grantor trusts, irrevocable trusts, and revocable trusts. Participants will examine key concepts such as distributable net income, filing requirements, and the allocation of income between trusts and beneficiaries, equipping CPAs to better advise clients and ensure accurate compliance.

Highlights

Income tax treatment of common trust structures, including grantor trusts, irrevocable trusts, and revocable trusts.

Prerequisites

None.

Designed For

CPAs and tax professionals.

Objectives

Examine key concepts such as distributable net income, filing requirements, and the allocation of income between trusts and beneficiaries.

Preparation

None.

Notice

None.