Section 4.80 Tax Planning Memorandum

• Library: Estate Admin 2014 Forms

Post Mortem Tax Planning Checklist

Estate of: _____________________

Date of Death: _________________________

Preparer ____________________

Administrator _____________________

Account # Probate ______________

Account # Trust _________________

A, Document Provisions:

1. Last Will & Testament

2. Trust Document

3. Other Documents

Yes	No	Comments
Disclaimer
Community Property Agreement
Pre/Ante Nuptial Agreements
Divorce/Separation Decree
Ancillary Administration

Document Provisions of Other Documents

© 2008 Bank of America Corporation

This form is reprinted with the permission of U.S. Trust, Bank or America Private Wealth Management

Post Mortem Tax Planning Checklist

B. Surviving Spouse Information

[Yes] [No]

Surviving Spouse _____________

Citizen of the US _________________

Wealth ________________

Health ______________________

Tax Bracket ___________________

6. Residual Beneficiary Information(if applicable)

Name Relationship DOB % of Residue Tax. Bracket

Issue Authority Who Executes| Form |Timing |Yes| No | NA Comments

D. Issues Related to the Income Tax of the Decedent

1. Joint Retum with Surviving Spouse 6013(a)(3)

2. Medical Expenses as Income Tax deductions 2053(a)

213(c)

3. Realize Accrued E, EE, H &HH Bonds (with deferred E bond int.) on final 1040 454(a)

4. Realize passive loss carryovers to the extent that they exceed the amount by which the bus is of the interest is increased under Code Sec. 1014 469(g)(2)

5. Accelerate amortization expenses (eg. loan costs unrecovered investment in an annuity contract)

PR & Spouse 1040 Limitations Pence

PR &Spouse 1040 Limitations Pence

PR &Spouse 1040 Due date including| extensions

PR &Spouse 1040 Due date including extensions

PR & Spouse 1040 Due date including extensions

Postmortem Tax Planning Checklist

Issue	Authority	Who Executes	| Form Timing |Yes|No|NA	Comments
6. Request for Prompt Assessment of Income Taxes of Decedent	6501(d)	PRVTru5t.ee	4810 Limitations period
7.

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