Dynasty Trusts and Generation-Skipping Transfer Taxes -- What every CPA needs to know

Join us for our Maryland Association of CPAs (MACPA) webinar on October 11 at 10 am to learn what every CPA needs to know about dynasty trusts and GST taxes. If your clients are managing trusts across generations, this course led by Partner, Gary Altman, Esq. will allow you to understand how to advise them on these matters.

• What is a GST Trust, Dynasty Trust, Indirect Skip What is the GST Tax and in which situations does it apply?
• What is the automatic allocation of GST exemption When is a trust a GST Trust and when should you opt out of the automatic allocation rules?
• How to avoid a GST Tax for existing irrevocable trusts and new irrevocable trusts How to complete Form 709 when a client makes a gift to an irrevocable trust How to complete Form 706, Schedule R
• How to complete Form 709 when a client makes a gift to an irrevocable trust
• How to complete Form 706, Schedule R