Death and Taxes: Final Personal Returns and Estate Returns with Trust Reporting
Follow the tax reporting when a client passes away, leaving property in a revocable trust for family members. This process includes preparing the final individual (or joint) tax return, the initial estate tax return, and how to report revocable trusts on the estate’s income tax return. We will review estate income tax reporting through the close of the estate and show how deductions can be carried out to a beneficiary’s return in the final year.
Ruth A. Mattson
,
LL.M, JD
Ruth Mattson, Esq. is a partner in Nixon Peabody LLP’s International Private Clients group. They guide families and individuals through the complex world of cross-border wealth. Whether working with family offices, executives, or multigenerational families, Ruth brings clarity and creativity to plans involving global mobility, international estate planning and multinational trust and estate administration. Ruth is a frequent speaker and author on international estate planning topics for the American College of Trust and Estate Counsel (ACTEC), Massachusetts Continuing Legal Education, and other professional organizations around the world. Ruth received their J.D. from Temple University Beasley School of Law in Philadelphia, Pennsylvania, and their LL.M. from Boston University School of Law’s Graduate Tax Program. They are a lecturer at Boston University School of Law, an Academician of the International Academy of Estate & Trust Law, a Fellow of ACTEC, a former co-chair of STEP New England, and a recipient of the President’s Award from the Boston Estate Planning Council.
Recommended Webinars
