Estate and Gift Taxation (8101) Covers taxation of gratuitous transfers under the federal estate and gift tax codes, including taxable inter vivos gifts, the annual exclusion, gift splitting, the gift tax marital deduction, the gift tax charitable deduction, gift taxation of powers of appointment, the burden of the gift tax, estate taxation of owned interests, property transferred inter vivos with retained interest and powers, property subject to powers of appointment, property transferred in contemplation of death, jointly-owned property, life insurance proceeds, annuities and employer death benefits, the estate tax marital deductions, the estate tax charitable deduction, estate tax credits, estate tax deductions, the burden of estate tax, and gift and estate tax valuation problems. Grading: Letter graded Credits: 2 Offered: Every Other Fall Subject Areas: Estates and Trusts Estate Planning (3990) Studies the concepts and techniques required to apply the principles of wills, trusts, and taxation in the development of estate plans. Topics include drafting of wills and trusts, probate practice and procedure, and income taxation of trusts and estates. The course is intended to be an introduction to estate planning, valuable to both the person intending to specialize in the field and the general practitioner. Grading: Letter graded. Credits: 3 Offered: Every year Subject Areas: Estates and Trusts Estates & Trusts (3960) Studies the law of trusts and decedents' estates, including intestate succession, limitations on testamentary power, execution, construction, revocation, and contest of wills; effect of change on dispositions; the revocable and irrevocable trust; the rights and interests of the beneficiary; charitable trusts; estate and trust administration, powers, duties, and liabilities of the fiduciary; principal and income allocation, and will substitutes. Grading: Letter graded. Credits: 3 Offered: Fall/Spring Categories: Bar Courses Subject Areas: Estates and Trusts Estates and Trusts Survey (3961) Studies the law of trusts and decedents' estates, including intestate succession, limitations on testamentary power, execution, construction, revocation, and contest of wills; effect of change on dispositions; the revocable and irrevocable trust; the rights and interests of the beneficiary, and the powers, duties, and liabilities of the fiduciary. Grading: Letter graded Credits: 2 Offered: Fall Categories: Bar Courses Subject Areas: Estates and Trusts Legal Drafting: Wills & Trusts (3051) This skills course involves the drafting of wills, trusts, and related legal documents. Legal disputes often arise because of poorly-drafted documents, and this class will focus on drafting tips and strategies that optimize planning, risk prevention, creative problem-solving, and excellent writing. Grading: Letter graded Credits: 2 Offered: Irregularly Subject Areas: Estates and Trusts
