Estate Planning

This class was created by Brainscape user Leo O'Connor. Visit their profile to learn more about the creator.

Decks in this class (13)

Chapter 1 - Introduction to Estate Planning
Define effective transfer,
Define efficient transfer,
Define estate planning process of...
17  cards
Chapter 2 - Basic Estate Planning Documents
Define administrator,
Define ancillary probate,
Define appointment of executor cl...
83  cards
Chapter 3 - Types of Property Interests
Define actual contribution rule,
Define ancillary probate,
Define community property
32  cards
Chapter 4 - The Probate Process
Define abatement,
Define ademption,
Define administrator
36  cards
Chapter 5: Gift Tax
Define annual exclusion,
Define american taxpayer relief a...,
Define consideration
21  cards
Chapter 6 - Estate Tax
Define adjusted gross estate,
Define alternate valuation date,
Define blockage discount
35  cards
Chapter 7 - Transfers During Life & At Death
Define applicable federal rate afr,
Define arm s length transaction,
Define exchange
33  cards
Chapter 9 - Charitable Giving
Define capital gain property,
Define charitable lead trust clt,
Define charitable remainder annui...
22  cards
Chapter 8 - Trusts
Define a 2503 b trust,
Define a 2503 c trust,
Define beneficiary
45  cards
Chapter 10 - The Unlimited Marital Deduction
Define abc trust arrangement,
Define ascertainable standard,
Define bypass trust credit shelte...
28  cards
Chapter 11 - Life Insurance in Estate Planning
Define accelerated death benefit,
Define beneficiary,
Define chronically ill individual
55  cards
Chapter 12 - Special Elections & Post Mortem Planning
Define alternative valuation date,
Define disclaimer,
Define ilit
18  cards
Chapter 13 - Generation Skipping Transfers
Define applicable rate,
Define direct skip,
Define dynasty trust
3  cards

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Estate Planning

  • Class purpose General learning

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