Estate, Gifts & Trusts

The industry’s premier estates, gifts, and trusts resource that features research, planning, and implementation tools on one platform — backed by the nation's leading tax practitioners and authorities. You'll receive in-depth analysis of key issues necessary for developing and implementing optimal estates, gifts, and related income tax strategies for your clients.

This content is available as part of a Bloomberg BNA Tax & Accounting subscription.

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OVERVIEW

EXPERT NEWS & COMMENTARY

Stay informed with regularly updated news and commentary, written by Bloomberg BNA’s team of experts and leading professionals, which provide practical and timely access to current and emerging estate tax issues.


TRUSTED ANALYSIS

Exclusive access to nearly 100 Tax Management Portfolios™ and Bloomberg BNA’s renowned BNA Insights articles, written by the leading estate tax practitioners, provides in-depth analysis and unparalleled guidance enabling you to determine the most effective strategies to maximize your clients’ control and minimize taxes and estate management costs.

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TIMESAVING PRACTICE TOOLS

Save time and increase productivity with real-life examples, scenarios, and practice aids including working papers, sample documents, and client letters that you can immediately apply to your practice and clients.


PRIMARY SOURCES

Go straight to all the primary sources you need to stay compliant. From Internal Revenue Codes, regulations and procedures, to state laws and cases, our collection of primary sources are fully accessible and fully integrated with the Tax Management Portfolios, Chartbuilders, commentary, and analysis.


WHAT’S AVAILABLE

Practice Tools 
  • Working Papers (sample plans, documents, and more)
  • Tables, Charts, and Lists
  • Federal Tax Forms
  • Quick Tax Reference
  • Estates, Gifts and Trusts Chart Builder
  • Other practice aids
News & Commentary
  • BNA Insights -informative articles, in-depth analysis, and results-oriented guidance written by leading practicing attorneys, on relevant tax topics.
  • Daily Tax Report® Highlights – daily highlights from each issue of the Daily Tax Report, covering key legislative, regulatory, and legal tax developments.
  • Tax Management Memorandum™ – an authoritative outlook including commentary from Bloomberg BNA’s Advisory Boards on new issues, developments, trends, and strategies.
  • Estate, Gifts and Trusts Journal – bimonthly reporting and commentary on topics such as marital deduction planning, estate and trusts administration, charitable gifts, and valuation.
  • Tax Management Weekly Report™ timely notification and practical analysis of important new tax developments.
  • Compensation Planning Journal™ (optional) – a monthly journal that keeps you up to date on such wide-ranging compensation planning issues as qualified plan compliance, employment taxes, health care and other employee benefits, and nonqualified deferred compensation plans, including the impact of section 409A.
  • Financial Planning Journal – a monthly review of issues that affect how you advise your clients. It includes coverage of domestic and global economic trends, income tax planning, Social Security and Medicare, investment planning, retirement planning, and insurance planning.
  • Real Estate Journal – a monthly journal offering the latest insights into the crucial areas of real estate tax planning, including passive-loss rules, tax-free exchanges, workouts, REMICS, and REITs. It includes analytical articles, practitioners’ comments, and analysis of recent developments.
Primary Sources
Laws and Regulations
  • Internal Revenue Code (current & archive) 
  • Proposed Regulations 
  • Tax Legislation 
  • Treasury Regulations
Agency Documents
  • CIPs/ISP Papers 
  • Circular 230 
  • IRS Documents and Publications 
  • Treasury Decision Preambles
Cases
  • Federal Tax Cases 
  • Tax Court Rules 
  • Court of Federal Claims Rules

 

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PORTFOLIOS

Charitable Contributions 

Charitable Contributions: Income Tax Aspects (Portfolio 863)
Charitable Income Trusts (Portfolio 866)
Charitable Remainder Trusts and Pooled Income Funds (Portfolio 865)

Estate and Gift Tax Charitable Deductions (Portfolio 839)

Estate Planning/Business Planning 

Asset Protection Planning (Portfolio 810)
Community Property: General Considerations (Portfolio 802)
Conflicts, Confidentiality, and Other Ethical Considerations in Estate Planning (Portfolio 801)
Durable Powers of Attorney (Portfolio 859)
Estate and Gift Tax Issues for Employee Benefit Plans (Portfolio 814)
Estate Planning (Portfolio 800)

Estate Planning for Authors and Artists (Portfolio 815)

Estate Planning for Owners of Closely Held Business Interests (Portfolio 809)

Estate Planning for the Corporate Executive (Portfolio 808)

Estate Planning for the Unmarried Adult (Portfolio 813) 

Estate Tax Marital Deduction (Portfolio 843)

Family, Kinship, Descent, and Distribution (Portfolio 858)

Family Limited Partnerships and Limited Liability Companies (Portfolio 812)

The Family-Owned Business Deduction — Section 2057 (Portfolio 829)

Fiduciary Liability of Trustees and Personal Representatives (Portfolio 853)

Generation-Skipping Transfer Tax (Portfolio 850)

Immigration and Expatriation Law for the Estate Planner (Portfolio 806)

Insurance-Related Compensation (Portfolio 828)

Life Insurance (Portfolio 826)

Life Insurance — A Practical Guide for Evaluating Policies (Portfolio 827)

Marital Agreements (Portfolio 849)

The Mobile Client: Tax, Community Property, and Other Considerations (Portfolio 803)

Partial Interests — GRATs, GRUTs, QPRTs (Section 2702) (Portfolio 836)

Partnership
— Current and Liquidating Distributions; Death or Retirement of a Partner (Portfolio 811)
Planning for Disability (Portfolio 816)

Private Annuities and Self-Canceling Installment Notes (Portfolio 805)

Private Placement Life Insurance and Annuities (Portfolio 870)
Spouse's Elective Share (Portfolio 841)
Testamentary Capacity and Validity of Wills (Portfolio 824)

Transfers of Interests Family Entities Under Chapter 14: Sections 2701, 2703 and 2704 (Portfolio 835)

Transfers to Noncitizen Spouses (Portfolio 842)

Estate Tax 

Administrative Powers (Portfolio 820)
Estate Tax Credits and Computations (Portfolio 844)

Estate Tax Deductions — Sections 2053 and 2054 (Portfolio 840)

Estate Tax Payments and Liabilities: Sections 6161 and 6166 (Portfolio 832)

Estate, Gift, and Generation-Skipping Tax Returns and Audits (Portfolio 822)

Federal Tax Issues of Employee Plan and Commercial Annuities (Portfolio 821)

Gross Estate — Section 2033 (Portfolio 817)

Incomplete Lifetime Transfers: Retained Beneficial Interests Under Sections 2036(a)(1) and 2037 (Portfolio 52)

Incomplete Lifetime Transfers: Retained Powers Under Sections 2036(a)(2) and 2038 (Portfolio 50)

Non-Citizens — Estate, Gift and Generation-Skipping Taxation (Portfolio 837)

Powers of Appointment — Estate, Gift, and Income Tax Considerations (Portfolio 825)

Taxation of Jointly Owned Property (Portfolio 823)

U.S. Estate and Gift Tax Treaties (Portfolio 851)

Gifts 

Gifts (Portfolio 845)
Gifts to Minors (Portfolio 846)

Partial Interests — GRATs, GRUTs, QPRTs (Section 2702) (Portfolio 836)

Section 2035 Transfers (Portfolio 818)

Income Tax 

Charitable Contributions: Income Tax Aspects (Portfolio 863)
Grantor Trusts: Income Taxation Under Subpart E (Portfolio 819)

Income Respect of a Decedent (Portfolio 862)

Income Taxation of Trusts and Estates (Portfolio 852)

Exempt Organizations/Private Foundations 

Debt-Financed Income (Section 514) (Portfolio 465)
Exempt Organizations — Declaratory Judgments (Portfolio 460)

Fiduciary Duties of Nonprofit Directors and Officers (Portfolio 488)
Intermediate Sanctions (Portfolio 476)

Joint Ventures Involving Tax-Exempt Organizations (Portfolio 478)

Nonprofit Healthcare Organizations: Federal Income Tax Issues (Portfolio 873)

Private Foundations — Distributions (Sec. 4942) (Portfolio 880)

Private Foundations — Excess Business Holdings (Portfolio 473)

Private Foundations — Section 4940 and Section 4944 (Portfolio 468)

Private Foundations — Self-Dealing Section 4941 (Portfolio 470)

Private Foundations — Taxable Expenditures (Sec. 4945) (Portfolio 474)
Private Foundations and Public Charities — Definition and Classification (Portfolio 456)

Private Foundations and Public Charities — Termination (507) and Special Rules (508) (Portfolio 877)

Real Estate Transactions by Tax-Exempt Entities (Portfolio 480)

Supporting Organizations (Portfolio 459)
Tax Issues of Educational Organizations (Portfolio 482)
Tax Issues of Religious Organizations (Portfolio 484)

Tax-Exempt Organizations: Operational Requirements (Portfolio 451)
Tax-Exempt Organizations: Organizational Requirements (Portfolio 452)

Tax-Exempt Organizations: Reporting, Disclosure and Other Procedural Aspects (Portfolio 452)

Unrelated Business Income Tax (Portfolio 462)

Trusts 

Choosing a Domestic Jurisdiction for a Long-Term Trust (Portfolio 867)
Domestic Asset Protection Trusts (Portfolio 868) 
Dynasty Trusts (Portfolio 838)

Estate and Trust Administration — Tax Planning (Portfolio 855)

Grantor Trusts: Income Taxation Under Subpart E (Portfolio 819) 

Income Taxation of Trusts and Estates (Portfolio 852)

Managing Litigation Risks of Fiduciaries (Portfolio 857)

Personal Life Insurance Trusts (Portfolio 807)

Revocable Inter Vivos Trusts (Portfolio 860)

State Income Taxation of Trusts (Portfolio 869) 
Subchapter J — Throwback Rules (Portfolio 856)

Trustee Investments (Portfolio 861)

U.S. Taxation of Foreign Estates, Trusts and Beneficiaries (Portfolio 854)

Uniform Trust Code (Portfolio 864)

Valuation 

Section 2032A — Special Use Valuation (Portfolio 833)
Valuation of Corporate Stock (Portfolio 831)

Valuation: General and Real Estate (Portfolio 830)

Post Mortem Planning 

Disclaimers — Federal Estate, Gift and Generation-Skipping Tax Considerations (Portfolio 848)
Disclaimers — State Law Considerations (Portfolio 847)

Estate and Trust Administration — Tax Planning (Portfolio 855)

Estate Planning (Portfolio 800)

Estate Tax Deductions — Sections 2053 and 2054 (Portfolio 840)

Estate, Gift, and Generation-Skipping Tax Returns and Audits (Portfolio 822)

Probate and Administration of Decedents' Estates (Portfolio 804)

Transfer Tax Payment and Apportionment (Portfolio 834)


TOPICS COVERED

Expert Analysis Topics
  • Generation Skipping Tax
  • Family Limited Partnerships
  • Charitable Remainder Trusts
  • Estate Planning for Closely Held Businesses
  • Exempt Organizations and Private Foundations
  • Life Insurance
  • Valuation

HOT TOPIC: TAX REFORM

Placing all changes to the tax code in focus.

President Donald Trump and House Republicans have promised to make a revamped tax code a top priority in the first 100 days of the new administration. Our editors, reporters, and network of leading practitioner experts are tracking, reporting, and providing insights and analysis on developments as they unfold across every area of tax. Turn to the experts at Bloomberg BNA for updated news and developments in Corporate Tax, Estates, Gifts & Trusts, Individual Tax, International Tax, IRS/Procedure, Passthrough Entity Tax, Payroll Tax, State Tax, and the Affordable Care Act.

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