Course - Law
Instructor
Email
Coteachers:
Units
Prerequisites:

None.

 
Recommended Courses:

Estates and Trusts (LAW 619)

 
Overview

This course is a detailed examination of what property interests are included in the gross estate for federal estate tax purposes and of what transfers constitute gifts for federal gift tax purposes.  Exclusions, deductions, and credits under both taxes are fully explored.  There will be some coverage of the federal generation-skipping tax.

 
Materials Willbanks Federal Taxation of Wealth Transfers: Cases and Problems, Third Edition (ISBN 978-1-4548-1014-8) 
Course Format

Classroom discussion; no drafting required.

 
Written Assignments

None.

 
Type of Exam Short Answer Essay 
Basis for grading Final Exam and class participation. Failure to attend classes will result in lower grade. 
Additional Comments

No longer covered on the Arizona bar exam.  An essential course for anyone considering a career as either an estate planner or a tax specialist.  The basic Income Tax course is not a prerequisite; the taxes discussed in this course are completely different from the income tax.

 
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