Trust, Estate & Gift Tax Technical Resource Panel

Objectives

The Trust, Estate, and Gift Tax TRP identifies issues and develops policy by:

  • Monitoring legislative and regulatory activity related to trust, estate, and gift tax matters;
  • Suggesting areas for modifications to simplify and clarify trust, estate and gift and generation skipping transfer tax provisions; 
  • Providing oversight for task forces created to address improvements to tax law, regulatory rules and tax process relating to trust, estate, and gift tax matters; 
  • Maintaining appropriate relationships with the IRS, Treasury, Congress, and other government officials; 
  • Collaborate with other organizations, such as the ABA and the American Bankers Association, as appropriate;
  • Acting as a resource to assist the other committees, TRPs, and task forces, as appropriate, on trust, estate and gift tax matters, including collaborating with other AICPA groups (e.g., Personal Financial Planning division).