Product Description

This two-day course provides a complete and essential framework on tax considerations when drafting trusts. Experienced panelists focus on the sections of the Internal Revenue Code and regulations therein which deal with the taxation of trusts and guide you through different types of trusts, trustee powers, computation of income, and basic taxation. This course provides the attorney who has recently decided to concentrate practice in probate and estate planning with a formidable foundation in income taxation of trusts. You emerge with definitive knowledge of income taxation of trusts and the key tools needed to effectively counsel your clients. 

Agenda & Materials

• Day One: Wednesday, November 20, 2024
• 9:30 - 11:30 am

  Federal Income Taxation of Simple and Complex Trusts

  Jennifer Z. Flanagan, Esq., Mirick, O'Connell, DeMallie & Lougee LLP , Worcester
  Luke C. Bean, Esq., Rico, Murphy, Diamond & Bean LLP , Natick
  
• 11:30 - 11:45 am

  Break
• 11:45 - 12:45 pm

  Computation of Net Taxable Income and Credits by Trusts, Estates, or Beneficiaries

  Anne Katsas, Esq, Fiduciary Trust Company , Boston
  Patricia Schatzlein Smock, Esq., Fiduciary Trust Company , Boston
  
• 12:45 - 1:45 pm

  Lunch (on your own)
• 1:45 - 2:45 pm

  Computation of Net Taxable Income and Credits by Trusts, Estates, or Beneficiaries (cont)

  Anne Katsas, Esq, Fiduciary Trust Company , Boston
  Patricia Schatzlein Smock, Esq., Fiduciary Trust Company , Boston
  
• 2:45 - 3:00 pm

  Break
• 3:00 - 4:00 pm

  Massachusetts Income Taxation of Estates and Trusts

  Eric P. Hayes, Esq., Goodwin Procter LLP , Boston
  
• Day Two: Thursday, November 21, 2024
• 9:30 - 11:15 am

  Foreign Trusts, Trusts for S-Corporation Stock, and Special Trusts

  Molly R. Soiffer, Esq., Bove Langa Witherell & Soiffer P.C. , Boston
  
• 11:15 - 11:30 am

  Break
• 11:30 - 12:30 pm

  Powers of Appointment, Powers of Withdrawal, and Trustee Powers

  Kevin M. Ellis, Esq., Hemenway & Barnes LLP , Boston
  
• 12:30 - 1:15 pm

  Lunch (on your own)
• 1:15 - 2:00 pm

  Powers of Appointment, Powers of Withdrawal, and Trustee Powers

  Kevin M. Ellis, Esq., Hemenway & Barnes LLP , Boston
  
• 2:00 - 3:00 pm

  Grantor Trusts

  Kenneth P. Brier, Esq., Brier, Marandett & Rossetti LLP , Needham
  
• 3:00 - 3:15 pm

  Break
• 3:15 - 4:30 pm

  Grantor Trusts (cont.)

  Kenneth P. Brier, Esq., Brier, Marandett & Rossetti LLP , Needham
  

Special Program Materials:

• Preparing Fiduciary Income, Gift, and Estate Tax Returns

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Chair

Faculty