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DTSTART:20210622T160000Z
DTEND:20210622T170000Z
LOCATION:Zoom meeting
UID:2106520210622T160000ZDemystifying Distributable Net Income (DNI)
DTSTAMP:20260405T111638Z
DESCRIPTION:\nJere Doyle will discusses the theory behind distributable net income (DNI), how the Internal Revenue Code defines DNI and the three reasons why DNI is important. The program will review sample calculations of DNI, how DNI gets reported on a Form 1041, how gains may enter into DNI and how the passive activity loss rules affect the calculation of DNI. The program will discuss how DNI gets allocated among the beneficiaries of a simple trusts and complex trust including a discussion of the tier system, the separate share rule, the 65 day rule, specific bequests and distributions in kind.\n \nObjective: This program will incorporate drafting techniques to incorporate into estate planning documents to achieve the best income tax results.\n \n \n
SUMMARY:Demystifying Distributable Net Income (DNI) - Knoxville Estate Planning Council 
PRIORITY:3
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DESCRIPTION:Reminder
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