Planning for Estate Tax


Planning for Estate Tax explains the types of property that are included in a gross estate, as well as assets that are not included. This course describes the estate tax rules associated with jointly owned property, and transfers of property to another individual. It explains how allowable deductions are identified and subtracted from the value of the gross estate to determine the value of the taxable estate. This course also provides a basic illustration, along with examples of estate tax calculations.


Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.


Learning Objectives: After completing this course, students will be able

  • Identify assets that are included in the gross estate
  • Identify expenses that can be deducted from the gross estate
  • Explain how the estate tax is calculated