Income Taxation of Trusts and Estates (655-1)

Instructors

Brian Thomas Whitlock
312/925-9409
Office Hours: Upon request

Meeting Info

Rubloff Building 339: Wed 8:00AM - 9:50AM

Overview of class

This is a multi-dimensional graduate level course covering topics such as: Fiduciary Accounting Income, Estate and Trust Administration, and Fiduciary Income Taxation. The primary text will be supplemented with other materials and lecture will be offered to cover the balance of the topics. The class will be taught by working through lecture, problems, and case studies.

Learning Objectives

Understand differences between fiduciary accounting income, trust taxable income and distributable net income.

Evaluation Method

90% Final; 5% Fiduciary Accounting Project; 5% Private Letter Ruling Writing Assignment

Class Materials (Required)

M. Carr Ferguson and Mark L. Ascher, Federal Income Taxation of Estates, Trusts & Beneficiaries (Fourth Edition, 2023 Update) Wolters Kluwer.

Class Materials (Suggested)

Statutes and Regulations, when noted; Cases and Rulings, when noted, supplemental readings as desired.

Class Attributes

JD Students May Enroll Only During Add/Drop
Family Law Practice Area in course

Enrollment Requirements

Enrollment Requirements: Basic Tax OR LLM Tax