Question 1. How is fair market value determined?
Question 2. What constitutes a taxable gift?
Question 3. What is the 2022 Unified Credit amount?
Question 4. What are the requirements for a valid disclaimer?
Question 5. What is gift splitting?
Question 6. What assets are included in the estate?
Question 7. What value is used on the estate tax return?
Question 8. When is life insurance included in the estate?
Question 9. What deductions are allowed for estate tax purposes?
Question 10. What is the cost basis for gift property?
Question 11. Know estate planning tools to avoid probate.
Question 12. Know what general and special powers of appointment are.
Question 13. Know what constitutes a revocable trust and what constitutes an irrevocable trust?
Question 14. Section 2503(c) trusts
Question 15. Types of charitable trusts
Question 16. Know various types of estate freeze tools.
Question 17. What is a FLP, and how are they attacked by the IRS?