LAW COURSE DESCRIPTIONS

LAW-2311 Income Taxation of Trusts and Estates TBA 2 credits day; 2 credits evening. This course will present an in-depth study of the federal taxation of trusts and decedents' estates. The course will cover simple and complex trusts; short term trusts; the throwback rule; distributable net income deduction and the two tier system. It will also cover some of the basic elements of estate planning relative to trust and estate income taxation, as well as the use of trusts and estates as income splitting devices.

Prerequisite: Basic Federal Income Taxation

Elective Course

Final Exam Required

<>