EST2603. Estates and Trusts As S Corporation Shareholders

Navigating S corporation rules for estates and trusts can be complex—missing an election or misinterpreting shareholder eligibility may result in compliance challenges. This course provides practitioners with essential information about trust and estate S corporation shareholders.
You’ll gain clear guidance on when and how long estates and trusts may hold S corporation stock, what makes a trust or estate eligible as a shareholder, and the practical considerations involved with shareholder elections. Real-life scenarios will help you identify and address common issues, such as missed elections or inadvertent terminations, before they escalate.

Learning Objectives:

• Identify eligible estate and trust S corporation shareholders.
• Understand when an S corporation shareholder election is required.
• Describe the income taxation of a trust or estate S corporation shareholder.
• Identify relief provisions for inadvertent S corporation terminations.