Carryover Basis: Be Prepared When the IRS Issues the Reporting Form
December 2010
Carryover Basis: Be Prepared When the IRS Issues the Reporting Form
Trust & Estate Section Luncheon Series
Sponsored by the CBA Trust and Estate Section
Program Highlights
A federal estate tax return is not due for decedents dying during 2010. However, under the carryover basis rules applicable for 2010, a carryover basis return may be required. The IRS has not yet issued the new reporting form for the carryover basis, so you wait.
What should you do in the meantime? What information should you be gathering, and what issues should you be considering?
Attend this luncheon to help you think through the issues and share your ideas, so you're ready when the new form is issued.
- Overview of carryover basis rules
- What should we be doing while we wait for the form?
- Which assets are available for basis allocation, and which assets qualify for the additional spousal step-up?
- How do the modified IRC §121 rules work?
- Tips on tracking basis
- What types of valuations do you need?
- Is there automatic allocation if the carryover basis return is not filed?
- Fiduciary duties
- Share your ideas and ask questions in this open forum discussion
Don't Forget: The T&E Luncheon Series is also available via live Internet webcast, direct to your desktop
Stay tuned for the follow-up program when the IRS issues the reporting form!
Program Description
Please join us on Tuesday, December 7, 2010, for an open forum discussion led by Steven Weiser of Preeo, Silverman, Green & Egle, PC, on - Carryover Basis: Be Prepared When the IRS Issues the Form
A federal estate tax return is not due for decedents dying during 2010. However, under the carryover basis rules applicable for 2010, a carryover basis return may be required. The IRS has not yet issued the new reporting form for the carryover basis, so you wait.
What should you do in the meantime? What information should you be gathering, and what issues should you be considering?
Attend this luncheon to help you think through the issues and share your ideas, so you're ready when the new form is issued.
Register today!
Agenda
11:30 AM - 12:00 PM
Registration
12:00 PM - 1:00 PM
Topics to be Covered
- What should we be doing while we wait for the form?
- Which assets are available for basis allocation, and which assets qualify for the additional spousal step-up?
- How do the modified §121 rules work?
- Tips on tracking basis
- Do you need a valuation?
- Fiduciary duties
- Share your ideas and ask questions in this open forum discussion
Presented by Steven Weiser, Esq.
1:00 PM
Adjourn
Faculty
Steven M. Weiser, Esq.
Preeo, Silverman, Green & Egle, PC
Steven Weiser practices taxation, estate planning, business formations and planning, and tax-exempt organizations. He previously worked for Arthur Andersen as a certified public accountant. The range of clients Steven has worked with over his career is broad, from entrepreneurs and closely held businesses to very high net worth individuals and publicly held multinational corporations.
Steven has published articles in the Denver University Law Review, The Colorado Lawyer and Colorado Real Estate Journal. He has also written a chapter on U.S. law in the publication E-Commerce and the Law of Digital Signatures, and a chapter on Taxation in Lawyer's Professional Liability in Colorado (2d. ed.). He is a frequent lecturer on tax-related subjects for continuing legal education classes.
Program Series Chair
Jennifer M. Spitz, Esq.
Stover & Spitz, LLC
Longmont, CO
Location Information
CLECI Large Classroom
1900 Grant Street, Suite 300
Denver, CO 80203
Get directions
1900 Grant Street, Suite 300
Denver, CO 80203
Registration Fees
| Non Member | $69.00 |
| CBA | $59.00 |
| TRUST | $29.00 |
- General Credits: 1.00
- Ethics Credits:
- EDI Credits:
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