EST25102. Form 706 Preparation

**INCLUDED IN ALL-ACCESS PASS | IN PERSON ONLY**

The scheduled termination of the Tax Cuts and Jobs Act (TCJA) is a good reminder that we need to sharpen our skills in Form 706 preparation. The advent of almost automatic portability plus the threat of IRS examination or executor sanction makes this a good time to re-visit our 706 skills. Designed to eliminate estate problems and death taxes, the emphasis is on practical solutions that are cost effective. Even for those who are not doing the actual preparation, understanding how to prepare Form 706 will help with trust funding and audit defense.

In this session, you’ll get examples and practical explanations of 706 preparation. There’s also a chance to ask questions.

Learning Objectives:

• Determine how the raw data is presented on Form 706 to minimize audit risk.
• Analyze the benefits of the team approach to Form 706 preparation.
• Identify issues affecting executors/trustees/personal representatives.