Introduction
The federal estate, gift, and generation-skipping transfer tax laws in outline
The estate and gift taxes applied to transfers at death and during life
Donative intent and consideration
Transfers during life: application of the estate and gift taxes
Jointly owned property and community property
Life insurance: estate tax and gift tax
Annuitites and employee death benefits: estate tax and gift tax
Powers of appointment: estate tax and gift tax consequences
Inclusion and valuation
Exemptions and exclusions: gift tax (gifts of future interests and gifts to minors)
Deductions: estate and gift tax
The marital deduction and split gifts
Credits against the estate and gift taxes: liability and payment of the taxes
A few fundamentals of estate planning
Reform proposals and fundamental alternatives to present transfer tax systems.