New York Trusts and Estates:
What the Practitioner Must Know
By SEYMOUR GOLDBERG, CPA, MBA, JD
The New York State Society of CPAs is pleased to announce the availability of New York Trusts and Estates: What the Practitioner Must Know. This product is a download file in PDF format. The download is being processed by Brentmark Software whose name will appear on your credit card statement.
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New York Trusts and Estates: What the Practitioner Must Know
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New York Trusts and Estates: What the Practitioner Must Know
as a PDF file for $69 (Non-Member Price).
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Product Description:
If you are involved in estate planning, tax planning and financial planning, then you must become familiar with many of the issues that an executor or trustee may have to deal with in administering a New York estate or trust.
In addition, potential pitfalls and defective planning issues are discussed so that these issues may be anticipated and avoided to the extent possible.
As a professional, you should be aware of any potential problem areas and caution your client accordingly.
This 150 plus page guide includes coverage of such issues and materials involving:
Statutes of limitations on accountings by a fiduciary
Where are legal fees and accounting fees paid from?
Important IRS rules and New York State laws to justify deductible administration expenses
Loss of trustee commission on technical violations
Key points regarding executor commissions
Failure to consider allocation of estate taxes in estate planning
Failure to use protective trusts to capture estate taxes allocable to nonprobate assets
Adverse bankruptcy court decisions on “inherited” IRAs
Effective use of trusts permitted by the Pension Protection Act of 2006 and the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA)
Overview of the New York Uniform Principal and Income Act
Accounting income and the IRS for trust purposes
Undue influence issues
Click here to see the Table of Contents
SEYMOUR GOLDBERG, CPA, MBA, JD, is a senior partner in the law firm of Goldberg & Goldberg, P.C., Jericho, New York. He is Professor Emeritus of Law and Taxation at Long Island University. Mr. Goldberg is the recipient of the American Jurisprudence Award in Federal Estate and Gift Taxation from St. John's University School of Law. As an instructor for the Foundation For Accounting Education and the American Institute of Certified Public Accountants, Mr. Goldberg has taught many CPE courses on trust accounting and taxation at the state and national level and has taught CLE courses for the New York State Bar Association and local bar associations. He is the recipient of outstanding discussion leader awards from both the American Institute of Certified Public Accountants and the Foundation For Accounting Education. He was formerly associated with the Internal Revenue Service. Mr. Goldberg has been quoted in the New York Times, Forbes, Fortune, Money, U.S. News & World Report, Business Week, The Wall Street Journal and the Tax Hotline. He has also been interviewed on CNN, CNBC and WCBS. He is a member of the Northeast Pension Liaison Group and has been involved in conducting continuing education outreach programs with the IRS on the retirement distribution rules. He is the author of several manuals for the American Bar Association and the American Institute of Certified Public Accountants on the trust accounting rules and the taxation of retirement distributions.
Click the following link for
information on another product that may be of interest:
Fundamentals of Trust Accounting Income and
Principal Rules under the Revised New York State Laws
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