August 14, 2014, 1:00 p.m. – 2:00 p.m. (E.D.T.)

The law governing the state income taxation of trusts is rapidly evolving. Recent cases have successfully challenged the constitutional validity of the taxation of trusts in a variety of states. Trustees, beneficiaries and their advisors need to stay current with respect to these important tax law changes. Join expert faculty in this timely program as they examine the significance of the recent court decisions and provide practical guidance regarding the state income taxation of trusts.

Topics include:

• A review of the general state law landscape regarding the taxation of trusts.
• A review of the tax haven states.
• Analysis regarding state tax statutes that may be vulnerable to a constitutional challenge.
• Review three recent taxpayer favorable cases addressing state taxation of trusts.
• Review New York’s recent tax law changes applicable to trusts.
• Identify the types of trusts that might benefit from a change of situs.
• Review the mechanics of removing a trust from a taxing state.
• Discuss tax return filing obligations and address ongoing tax compliance.

Register now and don’t miss this important free briefing!