How Trusts Are Taxed

ABA SELF-PACED ONLINE TRAINING

This course explains the most basic and fundamental tax rules that apply to most charitable and noncharitable trusts. This course explains how grantor trusts, charitable trusts, and foundations and supporting organizations are taxed. It describes the purpose of distributable net income, and explains the distribution deduction for simple and complex trusts.

Objectives:

  • Describe how non-charitable trusts are taxed
  • Describe how charitable trusts are taxed
  • Explain the distributable net income concept

Audience:  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.

ABA Certifications: 1.0 CTFA

The New York Bankers Association is a Local ABA Training Provider.

Questions:
NYBA Professional Development at (212) 297-1679 or education@nyba.com.
Enroll Online
Member $175
Non-Member $225


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To license this course for multiple learners, contact NYBA Professional Development.