Pt. 1. The estate tax. The nature of a death tax ; A brief outline of the federal estate tax ; The constitutionality of the federal estate tax ; The gross estate : transfers in contemplation of death ; The gross estate : transfers taking effect at death : historical background ; The gross estate : transfers taking effect at death : transfers dependent upon survivorship ; The gross estate : transfers with a reservation of a life interest ; The gross estate : revocable transfers ; The gross estate : annuities ; The gross estate : joint tenancy and tenancy by the entirety : community property ; The gross estate : powers of appointment ; The Gross estate : life insurance ; Transfers for an adequate and full consideration in money or money's worth ; The exemption : expenses, indebtedness, and taxes : losses ; Transfers for public, charitable and religious purposes ; The marital deduction ; Valuation ; The estate tax : jurisdiction : non-resident aliens ; Computation of the estate tax : credits against the tax ; Estate tax procedure : returns and payment
pt. 2. The gift tax. History, purpose, and constitutionality of the federal gift tax : the nature of the tax ; A brief outline of the federal gift tax ; The elements of a taxable gift ; The donor and the donee ; The subject matter of the gift ; The gift tax : taxable transfers ; The gift tax : incomplete transfers ; The taxation of powers of appointment under the gift tax ; The taxation of the creation and termination of co-ownership under the gift tax : community property : dower and curtesy ; The relation between the gift tax and the estate and income taxes ; The gift tax : consideration : involuntary transfers ; The annual exclusion ; Gift tax deductions : the exemption, the deduction for charitable transfers, and the marital deduction ; Split gifts ; The gift tax : jurisdiction : non resident aliens ; Gift tax procedure : returns and payments
pt. 3. Tax planning for estates. Introduction ; The mathematics of inter vivos transfers ; Legal aspects of tax avoidance by means of inter vivos ; Successive estates, powers of Appointment, and the marital deduction ; Qualifying interests in property for the marital deduction ; Gifts to charity ; Valuation ; Payment of the tax ; Income tax provisions of wills and trusts ; Post-mortem tax planning : income tax aspects of administration of estates
Appendix
Table of cases.