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Understanding Transfer Tax

Identifies the types of transactions that may be considered gifts and describes the conditions that cause gift taxation. Describes the requirements that must be met for a disclaimer to qualify for exemption from federal gift tax, and the exclusions available to clients to minimize or avoid taxes. Explains the impact of the unified tax system and how to calculate the amount subject to the gift tax.

Updated: May 2019
Re-versioned: July 2016

What You'll Learn

After completing this course, students will be able to:
  • Define what a gift is for tax purposes
  • Describe the benefits of disclaimers and exclusions for your clients
  • Explain your role in meeting client expectations
  • Describe the methods and costs of transferring property
  • Identify gift tax considerations


Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.


Course Credits



​Questions? Please contact for more information.



Purchase for a Team
To license this course to your bank for multiple learners, please contact ABA Training.​


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