Deloitte is offering a free webinar on the state taxation of trusts, including planning after Kaestner. The summary is as follows:
On June 21, 2019, the Supreme Court issued its opinion in North Carolina Department of Revenue v. Kimberley Rice Kaestner Family Trust concerning the constitutionality of the North Carolina fiduciary income tax approach. How does this ruling affect fiduciaries? In part two of our fiduciary tax webcast series, we’ll discuss:
- The various conceptual bases for taxation of trusts based on state residency
- Historical development of case law regarding trust taxation at the state level
- Implications of the Kaestner Family Trust case
Participants will gain a greater understanding of the relevant state trends in fiduciary income taxation.
View an on-demand recording of the first webcast in our series and sign up for part two, which takes place August 13. Participation in the August 13 live event may qualify you for CPE credit.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..