Income tax planning is often the most overlooked part of trust and estate work, yet the decisions made at every stage, from drafting through post-death administration, can have a lasting impact on families and beneficiaries. Christine G. Pronek, CPA, MST, Principal and Trusts & Estates Practice Co-Leader at WilkinGuttenplan, joined Martin Shenkman, Esq., for a three-part series examining these planning opportunities.
The sessions cover grantor trust rules and strategies such as IDGTs and substitution powers; nongrantor trust taxation, including DNI, compressed tax brackets, and the 65-day rule; and the key elections available on a decedent’s final individual income tax return and estate income tax return.
Whether you advise high-net-worth families, own a closely held business, or serve as a fiduciary, this series offers practical guidance for navigating complex tax decisions with confidence.
Watch the series:
- Part 1: Grantor Trusts: Income Taxation and Planning Opportunities
- Part 2: Nongrantor Trusts: Income Taxation and Planning Opportunities
- Part 3: Income Tax Considerations and Elections in Estate Administration
Have questions about how these strategies apply to you? Contact a member of our Trusts & Estates team. We welcome the opportunity to help.
