EST2009 - EST2009. GST

This session will discuss planning for the GST tax on trusts that are nonexempt from GST tax. 

Learning objectives include:

(1) Review the GST rules that apply to nonexempt trusts and how they differ from the estate and gift tax rules.

(2) Understand the challenges of planning for the payment of GST tax on both large and small nonexempt trusts.

(3) Consider ways the grantor, trustee and beneficiaries of nonexempt trusts can plan for the mitigation or payment of GST tax.