Webcast: Advanced Issues: The Art of the Estate Tax Return

This course reveals the most effective strategies for preparing an estate tax return and achieving the most successful results for your clients during an audit. Compliance and planning opportunities with the portability election will be reviewed in depth. You'll learn about the weaknesses in IRS arguments, how to secure the best appraisal results, as well as how to effectively make portability elections. Discover the counter arguments for IRS challenges to FLPs, formula clauses, promissory note valuations and allowable deductions. Learn how to avoid traps in both planning and preparing Form 706, including maintaining document control, protecting discounts (TICs, promissory notes, closely held stock, FLPs and other property interests), avoiding penalties, protective refund claims (new Schedule PC), best use of administrative expense deductions, achieving best audit results and staying on top of refund claims. Each class is tailored to review issues identified by course participants.  Course materials include Keith Schiller's award-winning textbook and latest supplement, Estate Planning At The Movies®: Art of the Estate Tax Return, which delivers best practice tips and cutting-edge strategies for estate tax savings. The course focuses on how to enhance your technical knowledge and strategically implement applications. The instructor shares tips of the trade from his over 38 years of estate tax experience and will enhance your knowledge with strategic insight for effectively filing federal estate tax returns (Form 706). The course text references more than 200 motion pictures in memorable and thought-provoking applications related to class topics.

Webcast participants will receive course materials in eBook format.