After completing Estate Planning: Taxes to Expect the user should be able to:

	Calculate a gross estate and determine the federal estate taxes for it
	Identify types of gifts subject to federal gift tax
	Recognize the different types of state taxes that can affect an estate

Federal Estate Taxes

	The levy amount
	The gross estate
	Calculating the gross estate

Calculating Tax Deductions

	Allowable tax deductions
	Calculating the taxable estate

Gift Taxes

	Presenting a gift
	Federal gift tax
	Tax free gifts
	Marital gift deduction

Gifts and Their Consequences

	A variety of gifts
	Prior gifts and the unified credit
	Estate and gift taxes
	Deferring gifts

State Taxes

	Inheritance and estate taxes
	Legal residence
	Three ways of taxing you

Other Taxes to Consider

	State gift tax
	State income taxes
	A retirement residence

This course has the following features:

	Exercises that allow users to practice the skills needed to plan an estate.
	A file containing the text of the exercises
	Activities that allow users to apply concepts in an interactive questioning environment
	A glossary
	A Skill Assessment

	Estate Planning: Starting an Estate Plan (EPLC01)
	Estate Planning: Sorting Out Your Assets (EPLC02)
	Estate Planning: Preparing Your Will (EPLC03)
	Estate Planning: All About Probate (EPLC04)
	Estate Planning: Considering Your Family (EPLC05)