Navigate the Maze of Rules Regarding Material Participation
New rules regarding material participation have considerable implications for those advising on estates or trusts owning business assets. Are you applying the latest knowledge of this gray area of law in your practice? This program is designed to give you latest guidance on if, when and how trusts or estates materially participate so you can make strategic tax planning decisions - confidently. Smoothly navigate the passive activity rules of 469 and the net investment income tax - register today!
- Receive clarity on material participation by trusts and estates by reviewing the latest rules, case law and proposals.
- Avoid the passive activity loss rules: make strategic decisions when selecting trustees and management structures.
- Determine if, when and how a trust or estate materially participates sufficiently enough to characterize income as active.
Session Time: 1:00 PM - 2:30 PM Eastern
Presenter: Neal B. Jannol
- Passive Activity Loss (PAL) Rules as They Apply to Trusts
- The Impact of the Aragona Trust Decision under the ACA
- ABA Comments on IRC Section 469
- The Tests of Passive Activity
- Does the 3.8% Net Investment Income Tax (NIIT) Apply?
- Examining the Actions of the Fiduciary in Determining Material Participation of Estate
- Proving Material Participation by Trust
This program is designed for attorneys. Accountants, financial planners and paralegals may also benefit.