Federal Income Taxation of Estates & Trusts demonstrates best planning practices for all types of estates and trusts and offers guidance in preparing flawless estate and trust income tax returns.

This all-inclusive source of income tax rules for trusts, estates, beneficiaries and grantors features numerous practical examples and provides authoritative coverage of such topics as tax liability for simple and complex trusts, tax on accumulation distributions, trusts treated as separate taxable entities, foreign trusts and trusts owning S corporation stock, estates under probate, charitable trusts (including charitable remainder trusts and charitable lead trusts), in-kind distributions and more.