1. Classroom Graphics for use with Fundamentals of Trusts and Estates, Fifth Edition by Roger W. Andersen and Ira Mark Bloom Copyright © 2017 Carolina Academic Press, LLC. All rights reserved.

2. Page -- , Question
As you contemplate your future as a lawyer, in what directions do you think learning this subject might take you?

3. OVERVIEW
Probate Administration
Functions
Process
Lifetime Transfers

4. Probate vs Non-Probate Property
A Decedent’s Wealth
Figure 1-1
Probate Property
Non-Probate Property
Life Insurance
In Decedent’s Name
Joint Property
Retirement Benefits
Through Probate
By Will or Intestacy
Property in Living
Trusts
P. O. D. Accounts
Designated Survivors
Designated Survivors

5. OVERVIEW Guardianship Person Property
Administrative burdens Restrictions on investments The Uniform Codes and Restatements

6. FEDERAL WEALTH TRANSFER TAXES A Unified System

7. FEDERAL WEALTH TRANSFER TAXES The Gift Tax
Annual Exclusion

8. First Gift Second Gift (Fig. 1-2) (Fig. 1-3) Cum. Taxable Gift
$5,340,000
$5,450,000
$40,000
$20,000
$20,000
Avail.
U/C

9. FEDERAL WEALTH TRANSFER TAXES The Gift Tax
Annual Exclusion
The Estate Tax
The Gross Estate

10. A Decedent’s Wealth Figure 1-4
The Gross Estate
A Decedent’s Wealth
Figure
1-4
Probate Property
Non-Probate Property
In Decedent’s Name
Life Insurance
Joint Property
Retirement Benefits
Property in Living
Trusts
P. O. D. Accounts

11. The full set of 473 slides is available upon adoption of this book
The full set of 473 slides is available upon adoption of this book. If you are a professor using the book for a class, please contact Beth at to request your slides.