With an emphasis on tax planning, Federal Taxation of Wealth Transfers, Second Edition, integrates problems with statutes, regulations, and cases to create a highly teachable and student-friendly casebook.
This text provides an effective treatment of estate and gift taxation that includes:
- a problem-based approach that emphasizes planning and integrates statutes, cases, and regulations
- a logical and flexible five-part organization that can be reordered to adapt to different teaching approaches
- clear introductory and background notes that provide context for cases and problems
- focused teaching objectives that include problem-solving, understanding statutory construction, and developing policy analysis skills
- a manageable overall length for a 3-credit basic wealth transfer tax class
With new problems and expanded text, the Second Edition also offers:
- new principal cases deciding on family limited partnerships, such as Strangi IV and Kimbell v. U.S., with discussion of Estate of Bongard and Estate of Rosen in the note material
- additional major cases regarding:
- post-death and post gift events
- buy-sell agreements
- valuation of lottery payments
- continuing debate about the estate tax
Ideally suited to teaching estate and gift taxation, Professor Willbanks' problem-based pedagogy, with its flexible organization and integrated approach, may well be the most effective method available for teaching this course.
