EST2408. Exploring the Proposed Section 2053 Regulations: An In-depth Analysis

This course is designed to provide a detailed understanding of the proposed section 2053 regulations and their impact on estate tax law. Participants will delve into the intricacies of the “Grace Period” and the required application of present-value principles. We will discuss the implications of the list of factors for determining whether interest expense is deductible, including the impact on traditional estate tax financing techniques. We’ll also uncover the changes to deductions for claims against the estate. As we navigate through these topics, we will explore the concerns and suggestions raised in the AICPA’s comment letter about the proposed regulations.

Learning Objectives:

• Identify and understand the major elements of the proposed 2053 regulations
• Analyze the potential impact of these regulations on current estate tax financing techniques
• Recognize suggestions put forth in the AICPA comment letter to the IRS.