[WEB] Hawaii and Federal Estate Taxation - Understanding the Law

Description

LINK AND INSTRUCTIONS TO COME FROM HSCPA ONE DAY PRIOR TO SESSION

Estate taxation can be complexed, especially when it involves both Hawaii and federal tax laws. This course provides an in-depth look at Hawaii's estate tax system, how it interacts with federal estate tax laws, and key compliance issues practitioners need to understand. Participants will gain clarity on tax law provisions, estate administration issues, and tax planning strategies to ensure proper compliance and minimize tax burdens for estates.

Highlights

• Overview of Hawaii estate taxation laws
• Federal estate tax considerations and coordination 
• Probate vs. non-probate estate issue
• Valuation of estate assets 
• Impact of joint tenancy on estate tax 
• Postmortem estate planning strategies 
• Tax compliance requirements for estates 
• Common pitfalls in estate tax planning

Objectives

At the end of this course, you will be able to:

• Identify key provisions of Hawaii estate tax law. 
• Explain the coordination between Hawaii and federal estate taxation. 
• Recognize probate and non-probate estate administration issues. 
• Determine the impact of joint tenancy on estate taxation. 
• Analyze valuation issues affecting estate taxation. 
• Apply postmortem estate planning strategies for tax efficiency. 
• Assess tax compliance requirements for Hawaii estates. 
• Evaluate common estate tax planning pitfalls and how to avoid them.

Designed For

CPAs, EAs, and attorneys