Estate Planning for the Marital Deduction
ABA SELF-PACED ONLINE TRAINING
Explains factors that affect planning for the marital deduction trust and the tax impact of the marital deduction and transfer tax credits. Describes advantages of a pecuniary bequest, factors to consider for a nonformula pecuniary bequest, and the benefit of the formula pecuniary clause. Discusses advantages and disadvantages of pecuniary credit shelter bequests and nonformula fractional share bequest.
- Recognize the importance of planning for the marital deduction
- Explain the various marital formulas and how they can be used in estate planning
Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.
The New York Bankers Association is a Local ABA Training Provider.
NYBA Professional Development at (212) 297-1679