Catalogue 2019 - 2020

LLME 810 Adv Issues in Wealth & Transfer



Course Description

This course will consider advanced topics in marital deduction, including the passing requirement, QTIP and non-QTIP requirements, the terminable interest rule, formula clauses, valuation, state law issues, non-citizen surviving spouse and qualified domestic trusts, the use of disclaimers, GST, and issues in post mortem estate planning. The course will be taught online using the problem approach and drafting marital deduction provisions as a solution to the problem. Proposed drafting solutions will be due approximately one week after the chat with respect to a problem. Prerequisites _ Wills and Trusts: Design, Drafting and Implementation and Federal Wealth Transfer Taxes.