Law 390 - Estate Planning

Elizabeth Bawden

Elizabeth Bawden

Lecturer in Law
B.A. Wheaton College
J.D. UCLA School of Law
Course Description:

This course examines various tax problems encountered in the planning and administration of an individual's estate. Included are such issues as the effective use of the marital deduction and the applicable exclusion amount, portability, lifetime gifts, testamentary trusts, valuation issues, apportioning the tax burden, and the charitable deduction. The course will cover both fundamental estate planning concepts and current cutting-edge techniques, with an emphasis on practical considerations.

Course Learning Outcomes:

At the end of this course students will be able to:

1. Understand the basic non-tax considerations in estate planning.

2. Grasp the basics of the transfer tax system and tax considerations in estate planning.

3. Recognize and understand various practical estate planning strategies including planning for spouses, children, and charities.

4. Understand the role of valuation and income tax issues in estate planning.

5. Identify the differences between lifetime gifts and gifts at death, and the consequences of each.

6. Understand common estate planning strategies that are alternatives to making gifts.

7. Identify post-mortem estate planning strategies.

Business & Tax Law;