Date: March 27th, 2026

Time: 3pmET | 2pm CT | 1pm MT | 12am PT

Duration: 90 Minutes

Description:

Elevate your tax advisory skills with this advanced-level course focused on the critical strategies and compliance issues surrounding gift, estate, and fiduciary income tax returns. Designed for experienced tax professionals, this comprehensive session dives deep into IRS Forms 709, 706, and 1041, covering essential planning tools like marital deductions, gift-splitting, GST allocations, and income reporting in the year of death.

Through real-world examples and analysis of common pitfalls, you’ll gain the practical knowledge needed to guide high-net-worth individuals, protect fiduciaries, and deliver strategic estate and gift planning with confidence.

Learning Objectives

• Interpret and apply the key provisions of IRS Forms 1041, 706, and 709, including topics such as QTIP elections, alternate valuation, portability, and IRC §645 elections.
• Evaluate the impact of gift-splitting on the unified credit, marital deduction, and potential estate inclusion under IRC §2035.
• Navigate generation-skipping transfer (GST) tax planning strategies, including automatic allocation rules and the use of GST-exempt trusts.
• Differentiate between deductible administrative expenses on Forms 706 and 1041, and analyze their implications for estate and fiduciary tax liability.
• Apply adequate disclosure requirements under IRC §6501(c) to properly initiate the statute of limitations for gift tax returns.

Session Highlights:

• Gift-splitting strategies, adequate disclosure under IRC §6501(c), initiating statute of limitations, annual exclusions, and reconciling prior-period gifts.
• Marital deductions, QTIP elections, alternate valuation date, portability election, IRC §2035 estate inclusion rules, and coordinating with final individual returns.
• Income reporting in the year of death, deductible administrative expenses, distributable net income (DNI), income distribution deduction, and coordination with Form 706.
• Automatic allocation rules, GST-exempt trusts, reverse QTIP elections, preserving GST exemption across spouses, and inclusion ratio planning.
• Differentiating deductible expenses between Forms 706 and 1041, unified credit application, IRC §645 elections for electing small business trusts, and minimizing estate/fiduciary tax liability.
• Adequate disclosure requirements under IRC §6501(c), triggering the 3-year statute of limitations on Form 709, avoiding indefinite exposure, documenting valuations and gift-splitting elections, and protecting fiduciaries from future IRS challenges.

Credits and Other information:

• Recommended CPE credit – 1.5
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 90 minutes

Who Should Attend

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Robert Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA
Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished) is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planners & Councils. He has been named by Forbes as one of the 2024 America’s Top 200 CPAs, by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States, and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration