Planners are using trusts for their clients more now than ever before. Issues of asset protection from financial and matrimonial creditors as well as concerns about the immaturity of heirs has spiked a growth of trust preparation. It has never been more critical to understand the ins and outs of income taxation of trusts and estates and the preparation of the Fiduciary Income Tax Return. Recent shifts and changes in the taxation of estates and trusts have also changed some of the planning techniques that practitioners should consider when advising clients.  In part 1, presenter Steven Siegel will cover basic concepts and issues, revocable trusts, reportable income, deductions and special rules. Part 2 will go more in-depth, covering special situations and AMT, ending with a review of example problems that can be directly related to your practice.