Trusts, Estates & Probate

4.64

Trust Tax Footprints: Avoiding Unintended Consequences

Credits Available
Credit Status Total
Alaska CLE Reciprocity 6 Total
Arkansas CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Florida CLE Approved 7 Total
Georgia CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Iowa CLE Approved 6 Total
Idaho CLE Approved 6 Total
Illinois CLE Approved 6 Total
Indiana CLE Approved 6 Total
Kansas CLE Approved 7 Total
Kentucky CLE Approved 6 Total
Louisiana CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Mississippi CLE Approved 6 Total
Montana CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Jersey CLE Approved 7.2 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Rhode Island CLE Upon Request 6 Total
Tennessee CLE Approved 6 Total
Texas CLE Approved 6 Total
Vermont CLE Approved 6 Total
Washington CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
Wyoming CLE Approved 6 Total
OnDemand
6 hours 5 minutes
Christopher Denney
Jason Hicks
Ellen Deeter
Matthew Rappaport
With Christopher E. Denney from Silvermark CPAs & Advisors + 3 others
Recorded August 14, 2025.
Product ID 100665

Buy This Course

Course Includes
$429

OnDemand Video

Video Download

Course Book Download

Overview

Plan for Tax Consequences of Various Trust Structures

How tax-efficient are your trusts? This course explores the tax implications of various trust structures under U.S. law, focusing on strategies to minimize unintended tax consequences and ensure effective estate planning. Gain insights into fundamental trust concepts, specific trust types, key elections, and ethical considerations for practitioners in this area. Master trust tax essentials to inform and power up your drafting - register today!

  • Adapt to the changes in federal tax law and regulation.
  • Understand GRAT mechanics, tax advantages, and potential pitfalls.
  • Analyze the structure of Medicaid trusts and their impact on eligibility and tax liability.
  • Plan for tax implications of QTIP trusts in marital deduction planning.
  • Assess client capacity when working with aging clients.

Abbreviated Agenda

  1. Foundations of Trust Taxation
  2. Common Trust Structures and Tax Implications
  3. Specialized Trust Planning and Tax Considerations
  4. Strategic Tax Elections and Planning Opportunities
  5. Common Tax Mistakes With Trusts
  6. Legal Ethics in Trusts Practice

Related Topics

Product ID 100665

Credit Details

Credits Available
Credit Status Total
Alaska CLE Reciprocity 6 Total
Arkansas CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Florida CLE Approved 7 Total
Georgia CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Iowa CLE Approved 6 Total
Idaho CLE Approved 6 Total
Illinois CLE Approved 6 Total
Indiana CLE Approved 6 Total
Kansas CLE Approved 7 Total
Kentucky CLE Approved 6 Total
Louisiana CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Mississippi CLE Approved 6 Total
Montana CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Jersey CLE Approved 7.2 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Rhode Island CLE Upon Request 6 Total
Tennessee CLE Approved 6 Total
Texas CLE Approved 6 Total
Vermont CLE Approved 6 Total
Washington CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
Wyoming CLE Approved 6 Total
Select Jurisdiction
CLE

Agenda

All times are shown in

  1. Foundations of Trust Taxation

    1. Federal Tax Rules Explained
    2. Update: What's the Future of Trusts Post-TCJA?
    3. Trust Basics: Revocable vs. Irrevocable, Simple vs. Complex

  2. Common Trust Structures and Tax Implications

    1. Grantor Retained Annuity Trusts (GRATs)
    2. Bypass/Disclaimer/A-B Trusts
    3. Special Needs Trusts (SNTs)
    4. IRA Trusts (Including RMD Planning)

  3. Specialized Trust Planning and Tax Considerations

    1. Medicaid Trusts and Their Tax Consequences
    2. Tax Effects of Charitable Trusts
    3. Qualified Terminable Interest Property Trusts (QTIPs)

  4. Strategic Tax Elections and Planning Opportunities

    1. Section 645 Election
    2. Section 754 Election
    3. Medical Expense Deduction Strategies
    4. Qualified Domestic Trust (QDOT)
    5. Other Relevant Elections and Their Strategic Application

  5. Common Tax Mistakes With Trusts

    1. Top Drafting Mistakes and Overlooked Tax Considerations
    2. Improper Funding and Execution
    3. Failing to Make Timely Tax Elections
    4. Commonly Misunderstood Income Tax Rules for Trust Distributions
    5. Asset Valuation Mistakes

  6. Legal Ethics in Trusts Practice

    1. Conflicts of Interest When Advising on Tax Matters
    2. Joint Representation of Spouses
    3. Attorneys Who Act as Fiduciaries
    4. Guarding Confidentiality
    5. Client Capacity When Working With Aging Clients
    6. Disclosure Obligations to Clients

Who Should Attend

This legal tax course is designed for attorneys. Accountants, trust officers, fiduciaries, tax professionals, and paralegals will also benefit.

Speakers

Christopher E Denney
Christopher E.
Denney
Silvermark CPAs & Advisors
Jason F Hicks
Jason F.
Hicks
Guilford County Attorney's Office
Ellen M Deeter
Ellen M.
Deeter
Deeter Law LLC
Matthew E Rappaport
Matthew E.
Rappaport
Falcon Rappaport & Berkman LLP
Speaker bio
Christopher E Denney

Christopher E. Denney

Silvermark CPAs & Advisors
Christopher Denney

, MPA, MST, CPA, CGMA, ABV, CVA, CM & AA, CFF, CEPA, IFRS, is the managing member with Silvermark CPAs & Advisors, where he has more than 20 years of consulting experience. He has represented three Big 4 accounting firms, some in tax leadership roles, and a Fortune 500 Company as a tax officer. Mr. Denney's strengths are in identifying tax planning opportunities and areas of tax risk, and some of his tax research has been nationally published. He is a member of the American Institute of Certified Public Accountants, and the ABV Section; the Indiana CPA Society; the National Association of Certified Valuation Analysts; and the Ball State University Accounting Department Executive Advisory Council. Mr. Denney earned his B.S. degree, in accounting, from Ball State University and both of his M.S. degrees, in taxation and professional accountancy, from Indiana University.

View full profile
Speaker bio
Jason F Hicks

Jason F. Hicks

Guilford County Attorney's Office
Jason Hicks

is an assistant county attorney with Guilford County, North Carolina. He is licensed in both Tennessee and North Carolina. Over the course of his career, Mr. Hicks has practiced family/divorce law, probate and litigation, as well as elder law, juvenile law, and local government law. He is a member of the District 24 (North Carolina); Putnam County (Tennessee); and Tennessee, North Carolina, and American bar associations. Mr. Hicks is currently the president of the North Carolina DSS Attorney's Association. He is past president of the Putnam County Bar Association and Upper Cumberland Trial Lawyers Association. Mr. Hicks is also the past vice president of the Tennessee Bar Association-Young Lawyers Division. He is a frequent speaker at legal education seminars, having presented over 40 CLE presentations. Mr. Hicks is a barrister member of the Guilford Chapter, American Inn of Courts. He earned his B.A. degree from The University of Tennessee, Knoxville and his J.D. degree from Faulkner University, Thomas Goode Jones School of Law.

View full profile
Speaker bio
Ellen M Deeter

Ellen M. Deeter

Deeter Law LLC
Ellen Deeter

is an attorney in Indianapolis. Her practice is focused on estate planning and administration; estate, trust, and elder law mediation; expert witness services in trust and estate litigation matters; and consulting services for fiduciaries. Prior to going into the private practice of law, Ms. Deeter spent 35 years working for bank trust departments, where she worked in a variety of roles, including trust and estate administration, fiduciary income taxation, estate and gift taxation, and as in-house trust counsel. The last 18 years of her trust department career were spent with The National Bank of Indianapolis, from which she retired in 2013. Ms. Deeter is admitted to practice in the state of Indiana and the U.S. District Court, Southern District of Indiana. She earned her B.A. degree, magna cum laude, from the University of Notre Dame; and her J.D. degree, magna cum laude, from Indiana University School of Law at Indianapolis (now known as the Indiana University Robert H. McKinney School of Law). In addition to being an attorney and a registered civil mediator, Ms. Deeter obtained her CERTIFIED FINANCIAL PLANNER™ certification in 1984 and her CERTIFIED TRUST and FINANCIAL ADVISOR™ designation in 1992, both of which she maintained until 2022.

View full profile
Speaker bio
Matthew E Rappaport

Matthew E. Rappaport

Falcon Rappaport & Berkman LLP
Matthew Rappaport

chairs Falcon Rappaport & Berkman LLP's taxation and private client groups. He concentrates his practice in taxation as it relates to real estate, closely held businesses, private equity funds, family offices, and trusts and estates. Mr. Rappaport advises clients regarding tax planning, structuring and compliance for commercial real estate projects, all stages of the business life cycle, generational wealth transfer, family business succession, and executive compensation. He also collaborates with other attorneys, accountants, financial advisors, bankers, and insurance professionals when they encounter matters requiring a threshold level of tax law expertise. Mr. Rappaport earned his J.D. degree and his Master of Laws in taxation from Georgetown University Law Center. He is a member and admitted to practice in the state of New York and the U.S. Tax Court.

View full profile
Loading recommendations...

TOP FAQs

How do I access my courses?
Courses are available within your account. Simply login to your account and click on My Courses. If you require additional assistance please call our Customer Service Department at 800-930-6182.
Do you have options for attendees who are deaf or hard of hearing?
Closed captioning is available for all Live Webinars. After you've joined the event room, you can enable closed captioning by clicking the "cc" button in the lower right of the player.
What happens if my course is cancelled?
In the unlikely event that NBI cancels or reschedules an upcoming program, each registered attendee will be contacted via email by a representative of NBI. Outreach to attendees begins as soon as NBI is made aware that a program will not move forward at its originally scheduled date and time.
Are multiple attendee discounts available?
Yes, the more people you bring from your organization, the more you save. After the first registration, each additional attendee receives a special discount off of their total tuition.
When will the OnDemand be available and how long will I have access to the content?
The OnDemand Video will be available to stream within 14 days of live broadcast date. You will have access to the content for 6 months in your account. If you’re a subscriber, you’ll have access to your course recordings until 7 days after the expiration date of the subscription.
What is included with my course purchase?
When you enroll prior to the live event date you will receive access to the live-streaming webinar which will allow you to interact with faculty in real-time. With each course, you will receive access to the content via OnDemand Streaming and the Video Download. Course reference materials are included with each course purchase in a downloadable PDF format.
Will I receive a certificate of completion?
Yes, we'll email you a certificate of completion and store in your account for any future reporting needs.
Can multiple people watch courses and request credit?
While only paid registrants can receive continuing education credit for attending, there are no limitations to the number of viewers at each connection.

Have more questions? Please Contact Us