Income Taxation of Trusts and Estates

Basic Concepts
Principles of Fiduciary Accounting
Formula for Taxable Income and Tax Liability
Distributable Net Income
Determining A Simple Trust’s Taxable Income
Comprehensive Illustration: Determining a Simple Trust’s Taxable Income
Determining Taxable Income for Complex Trusts and Estates
Comprehensive Illustration: Determining a Complex Trust’s Income
Income in Respect of a Decedent
Grantor Trust Provisions