Curriculum Guide · Courses
Special Topics in Transfer Tax
LL.M Course 825 (cross-listed) | 2 credit hours
This course supplements the two estate planning courses taught earlier in the fall semester, Income Taxation of Trusts, Estates, and Beneficiaries and Estate and Gift Tax. Like those courses, it is required for the Estate Planning Certificate and is a prerequisite for the Spring estate planning course, Advanced Private Wealth Transfer Seminar. This course addresses four areas of special concern in wealth planning: the distinction between common law and community property principles; valuation and business succession issues that arise in complex wealth planning; international aspects of wealth planning; and the generation skipping transfer tax or GST. Students will be evaluated primarily on the basis of a written paper; class participation and assigned short written exercises will also be given weight in determining the final grade.
Prerequisites: Taxation I; Decedents’ Estates (or equivalent); Income Taxation of Trusts, Estates, and Beneficiaries; Estate and Gift Tax.
Students may not receive credit for both this course and Introduction to Private Wealth Planning: The Estate & Gift Tax.
This class will meet on 8/30 (Mandatory Intro Session) and from 11/3-12/1. Students pursuing the Estate Planning Certificate must attend a mandatory Introductory Session on 8/30 and take Income Taxation of Trusts, Estates and Beneficiaries (9/1-9/27), Estate and Gift Tax (9/29-11/1), and Special Topics in Transfer Tax (11/3-12/1). Students not pursuing the Certificate may take one or more of the classes, but also must attend the Intro Session even if they only take one class.