Probate Section Virtual Program: Fiduciary Income Tax (Probate Administrator’s Guide to Fiduciary Income Tax (basic to intermediate)

Speaker: Jim Lee, Fennemore Craig
 
Description: How is income of a trust or estate taxed?  What is DNI and why is it important?  How can I avoid “trapping” income in a trust or estate and exposing it to a high marginal income tax rate?  What drafting measures for a trust agreement or will can be employed to reduce income tax consequences for my clients and their beneficiaries?
 
If any of these questions appeal to you, please join us for an hour seminar to discuss the basics and some intermediary concepts underlying fiduciary income taxation.