Estate and Gift (Trusts and GST)

PPC’s Guide to Accounting and Reporting for Estates and Trusts covers the accounting, reporting, and fiduciary considerations relating to trusts and estates that accountants need to know to be prepared to offer estate and trust services. It provides accounting entries, analysis of reporting issues and example reports, practice aids, example trust and estate accountings, and financial presentations. It also includes analysis of the Uniform Principal and Income Acts and their relevance to the will, trust agreement, and fiduciary accounting; and the issues related to serving as a fiduciary.

Structuring Estate Freezes: Analysis with Forms, Second Edition is the most comprehensive, completely up-to-date authority on estate freezing. Included are all relevant IRS rulings and the text of many private letter rulings issued on Chapter 14.

PPC’s 1041 Deskbook cuts through the complexity of preparing fiduciary income tax returns and provides practical step-by-step guidance on the basics of Form 1041 preparation as well as more complex issues such as determining fiduciary accounting income and distributable net income (DNI), computing the distribution deduction, allocating capital gains and depreciation, reporting income in respect of a decedent, filing Form 1041 in the estate or trust's final year, understanding the reporting requirements for foreign trusts and charitable trusts, and more.

PPC’s 706/709 Deskbook breaks down the complexities of federal estate, gift, and GST tax issues and provides clear guidance for preparing or reviewing Forms 706, 709, and related GST tax forms. This Deskbook leads you through the compliance process using a forms-based format, explaining the impact of recent important legislation, cases, and rulings. Streamline your client service by relying on our comprehensive, user-friendly guidance.  

This practical, hands-on guide focuses on the tax consequences of estate planning decisions. Look to this Fourth Edition of Estate Planning Law & Taxation for direction on prudent income, gift, estate, and generation-skipping tax management.

Asset Protection: Legal Planning, Strategies, and Forms, provides methods of arranging assets that will preserve as much value as possible for clients, their families, and their businesses in the face of creditor attack. The process of asset protection is an interdisciplinary endeavor that involves not only debtor-creditor law, but also fraudulent transfers, criminal law, estate and gift taxation, trusts, partnerships, laws of foreign countries, pension plans, and corporate law. This Treatise will provide you with a comprehensive and authoritative analysis of the law concerning asset protection.

WG&L's Federal Income Taxation of Estates and Trusts, Third Edition, provides a detailed and comprehensive examination of the special income tax rules that apply to estates and trusts and their beneficiaries. The Treatise addresses these rules from both a planning perspective and the perspective of those charged with administration and compliance. It is a clear and comprehensive tax guide for professional planners and advisors in estate and trust law.

Estate Planning and Wealth Preservation delivers expert analysis and coverage for typical and high-end estates, all within a "reader-friendly" text that can also be used to explain sophisticated estate planning techniques to clients.

Representing the Elderly or Disabled Client: Forms and Checklists with Commentary provides elder law attorneys with the forms, checklists, and legal commentary necessary to serve their elderly or disabled clients. Elder law is a complex area of law involving Medicaid planning, wills, trusts, powers of attorney, estate administration, guardianship and conservatorship, and other subjects. This book provides attorneys with the tools necessary to practice elder law, and includes coverage of the Patient Protection and Affordable Care Act.

With Estate Planning, you’ll stay informed of tax and other legislative developments, as well as innovative planning ideas. Written by national experts and edited for clarity to meet the information needs of the busy professional, this monthly journal provides analysis of the current issues that you’re likely to encounter in serving your clients. You’ll get guidance on how to structure estates to conserve assets for clients, while minimizing tax costs and anticipating intra-family conflicts.

Buy-sell agreements take many forms and perform many functions. Structuring Buy-Sell Agreements: Analysis with Forms, Second Edition examines how buy-sell agreements work and analyzes all the tax, legal, and business issues associated with these agreements. It also provides planning strategies as well as advice on avoiding the pitfalls that can arise in crafting these agreements and offers numerous sample agreements and checklists to assist practitioners in crafting these agreements for their clients.

Tax Planning for Family Wealth Transfers During Life: Analysis With Forms examines the many techniques for reducing a family's total tax liability and preserving its total wealth over time.

Estate planning involves wealth transfer planning and numerous other nontax planning services. The significant changes made in the past few years will significantly impact the focus of estate planning. It's more important than ever to revisit your clients' existing estate plans. PPC's Guide to Practical Estate Planning can help you develop practical solutions to wealth transfer challenges.

PPC's Guide to Life Insurance Strategies is a comprehensive tool that addressses the use of life insurance to provide estate liquidity, provide for a child's education, fund a buy/sell agreement, and more. Get practical guidance about income, gift, and estate tax implications, as well as planning ideas. Learn how to evaluate life insurance needs as well as how to analyze and compare coverage. Increase your understanding of the income, gift, and estate tax implications of life insurance with this practical guidance.

PPC's Guide to Family Partnerships discusses the advantages and disadvantages of family partnerships, and includes guidance on forming, funding, and operating a family partnership. It includes income, gift, and estate tax considerations, as well as planning opportunities. It also provides numerous checklists and practice aids for planners to use when advising clients on properly forming, funding, and operating an FLP (or FLLC).

PPC's Guide to Uses and Taxations of Trusts equips you to navigate fiduciary accounting rules and gain comprehensive understanding of when, why, and how to use commonly encountered trusts (including GRATs, GRUTs, QPRTs, split interest charitable trusts, and life insurance trusts). Summarizes trust income taxation reporting and filing requirements, as well as estate planning and asset protection techniques.

Generation-Skipping Transfer Tax provides all the tools and strategies needed to minimize or eliminate the application of the generation-skipping transfer tax.

The reference of recent cases and rulings concerning estate and gift taxation--topically organized and indexed!

Estate and Gift Tax Digest, Fourth Edition provides references to important federal estate, gift, and generation-skipping tax cases and rulings rendered since January 1, 1976.

PPC's Guide to Charitable Giving Strategies provides step-by-step guidance on how your clients can use charitable trusts, private foundations, pooled income funds, and other strategies to accomplish their charitable giving goals and provide significant tax savings.

Retirement Planning: Tax & Financial Strategies provides comprehensive, integrated coverage of all the fundamental questions regarding tax planning for retirement.

The Tax Planning & Practice Guide (TPPG) "Highlights of the Tax Increase Prevention Act of 2014 & Other Year-End Tax Legislation" explains the Act provisions which extend a varied assortment of more than 50 individual and business tax deductions, tax credits, and other tax-saving laws.

Charitable Giving: Taxation, Planning, and Strategies is an indispensable tool that provides the specialized tax-planning insight you need to help your donor clients realize the greatest possible tax benefits from charitable giving.

Get the expert guidance plus practical tools you need for the creation and management of irrevocable trusts with Irrevocable Trusts: Analysis with Forms. This Guide includes income, estate, gift, and GST ramifications for all types of irrevocable trusts and contains user-friendly checklists and forms.

Advising the Elderly or Disabled Client, Second Edition expedites research, providing specific answers and solutions to legal and practical questions and problems that arise in daily practice when representing elderly or disabled clients.

Post Mortem Tax Planning, Third Edition is the treatise every practitioner should consult to eliminate errors or omissions in post mortem elections and reduce vulnerability to post mortem litigation.