{"product_id":"trusts-administration-compliance","title":"2026-27 Trusts: Administration \u0026 Compliance","description":"\u003cp\u003eThis course provides a practical, real-world approach to trusts, focusing on the risks, responsibilities, and compliance challenges faced by professionals involved in trust administration. Participants will explore common problem areas, including fiduciary liability, improper accounting, tax reporting errors, and beneficiary disputes, while gaining a clear framework for understanding how trusts are created, classified, and administered.\u003c\/p\u003e\n\u003cp\u003eThe program also covers key tax and reporting concepts, including fiduciary accounting income versus taxable income, trust taxation under Subchapter J, and a step-by-step overview of Form 1041. In addition, participants will examine estate inclusion rules and planning considerations involving common trust structures, equipping them to navigate both the technical and practical complexities of trust work with greater confidence.\u003c\/p\u003e\n\u003ch2 style=\"text-align: left;\"\u003e\u003cstrong\u003e\u003cspan style=\"text-align: left !important; font-family: Montserrat !important; text-transform: uppercase; font-size: 15pt;\"\u003eTopics \u0026amp; Learning Objectives Include:\u003c\/span\u003e\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cul style=\"text-align: left; text-indent: -12px; margin-left: 10px;\"\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eFiduciary liability and professional risk in trust administration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eTrust accounting fundamentals and income vs principal allocation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eFiduciary accounting income vs taxable income vs DNI\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eClassification of trusts: revocable, irrevocable, grantor, simple, complex\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eForm 1041 preparation and reporting – line-by-line approach\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eIncome taxation of trusts and compressed tax brackets\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eEstate inclusion rules and retained interest provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003eCommon administrative pitfalls and compliance risks\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan style=\"font-size: 15px;\"\u003eSpecialized trust structures and planning applications\u003c\/span\u003e\u003cspan style=\"font-size: 15px;\"\u003e\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cem\u003eArthur Werner is one of the most prominent Federal Tax lecturers in the nation, with a special expertise in Estate, Trusts and Elder Law issues. \u003c\/em\u003e\u003c\/p\u003e","brand":"aceseminars","offers":[{"title":"AUDIO CD (The Accompanying Written Material Will Be Emailed As A PDF) - 8 Credits","offer_id":43265433108569,"sku":null,"price":125.0,"currency_code":"USD","in_stock":true},{"title":"AUDIO DOWNLOAD - 8 Credits","offer_id":43265433141337,"sku":null,"price":125.0,"currency_code":"USD","in_stock":true},{"title":"PRE-RECORDED WEBINAR - 8 Credits","offer_id":43265433174105,"sku":null,"price":125.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/2242\/3459\/products\/trust-legal-and-tax.jpg?v=1505833361","url":"https:\/\/aceseminars.com\/products\/trusts-administration-compliance","provider":"ACE Seminars","version":"1.0","type":"link"}