Tax Basics of Trusts and Estates: A Quick Guide

Agenda / Content Covered

1:00 - 2:30, Alina A. Risser

1. Current Federal Tax Rates and Laws
2. Tax Basis of Assets
3. Tax Consequences of Gifts, Transfers, and Distributions
4. Common Tax-Saving Tactics Estate Planners Use
5. Tax Consequences of Trusts
6. Taxation of Closely Held Businesses
7. How Estates and Non-Probate Assets Are Taxed at Administration
8. Navigating Common Tax Forms

Accreditation Details:

Alina A. Risser is a tax and estate planning attorney with A Law Office of Phillip J. Oliver, P.C., in Chicago Illinois. Ms. Risser focuses her practices in the areas of taxation (inheritance, estate, GST, and gift tax returns, Form 706, Form 709, and Form 8971), estate planning and trust administration (including revocable living trusts, pot trusts, spousal access trusts, charitable trusts, special needs), probate, guardianship administration (for adults with disabilities and minors), will/trust contests and litigation (including citations to discover and recover assets), complex estate and guardianship accountings, retirement plans and asset protection, and business succession. Ms. Risser serves as a guardian ad litem in Cook County, and currently volunteers on the Board of Directors at the Veterans’ Legal Aid Society in Chicago, Illinois. She earned her LL.M. in taxation from Northwestern University Pritzker School of Law; Juris Doctor degree (certificate in elder law) from The John Marshall Law School (a/k/a UIC); and ABA-Approved Post Baccalaureate Paralegal Studies Program Certificate with honors from Roosevelt University. Ms. Risser furthered her education by studying for European Master of Laws (LL.M.) and European Master of Comparative Public Administration (E.M.P.A.) from the Katholieke Universiteit Leuven (Leuven, Belgium), and Vienna University (Vienna, Austria). She earned her master’s in jurisprudence (with honors), summa cum laude, and Ph.D. degree in international law and European Union law from Kazan Federal University Law School (Kazan, Russia).