On Wednesday, September 24 from 4 to 5 p.m. the Estate Planning and Administration Section will sponsor "Tips to Minimize the Impact of NIIT on Trusts and Estates", a one-credit CLE with CFP credit included.
The progressive implementation of various components of the Affordable Care Act of 2010 was certainly noticeable in 2013. The Net Investment Income Tax (NIIT), a 3.8% surtax on most passive investment income, became effective on January 1, 2013. This new surtax applies to not only individuals, but trusts and estates as well. The impact on individual taxpayers has received much attention. Because of lower applicability thresholds, trusts and estates may be more vulnerable to the new NIIT than individuals.
For more information and to register, click here. Estate Planning Plus CLE Section members can attend at no cost!