Speaking Engagement

Taxation of Non-Grantor Trusts for “Smart” Dummies

ACTEC 2024 Summer Meeting

Fairmont Royal York
100 Front St W
Toronto, ON M5J 1E3, Canada

Blank Rome partner Sean R. Weissbart will serve as a panelist for American College of Trust and Estate Counsel’s (“ACTEC”) 2024 Summer Meeting, being held June 18 through 23, 2024, in Toronto, Canada.

Sean’s session, “Taxation of Non-Grantor Trusts for “Smart” Dummies,” will take place Wednesday, June 19, from 1:00 to 2:55 p.m.


This presentation will cover the essentials of fiduciary income tax of non-grantor trusts and estates. In addition to providing an overview of the topic, the panelists will drill down on important topics such as Fiduciary Accounting Income, the Uniform Principal and Income Act and the revised Uniform Fiduciary Income and Principal Act of 2018, distributable net income, and income in respect of a decedent. The panel will then discuss practical estate and trust administration issues including distributions in kind and specific bequests. The panel will conclude with items relating to the IRS Form 1041 and the IRS Form 706 United States Estate (and Generation-Skipping Transfer) Tax Return, including when and how to take a deduction, the IRC Section 645 election and the 65-Day Rule.


  • Greg Gadarian, Gadarian & Cacy, PLLC
  • Christiana Lazo, Kirkland & Ellis LLP
  • Sean Weissbart, Blank Rome LLP

Other sessions include:

  • A Potpourri of Hot Topics Concerning the Income Taxation of Trusts and Estates and Their Beneficiaries
  • Modern Planning with Grantor Trusts
  • When a Grantor Trust Isn’t So Great: Planning for and with Non-Grantor Trusts and Partial Non-Grantor Trusts
  • Having the Mettle to Settle: How to Steer Trust and Estate Controversies to Conclusion
  • Charitable Gifts Gone Awry: Contemporary Issues and Challenges for Planners and Litigators
  • Musical Chairs & the Family Cottage: What Happens When the Music Stops & There's Not Enough Room at the Inn?

For more information and to register, please visit the event webpage.