PDF-TaxSensitive Powers Regarding The BeneficiaryTrustee

This Chapter discusses what the income estate and gift tax consequences are of a beneficiary who serves as a trustee of an ILIT Under no circumstances should an insured ever serve as a trustee of an ILIT 81 ESTATE TAX ISSUES AND THE BENEFICIARYTRUST. OF . CONGRESS. CONGRESSIONAL POWERS. EXPRESSED POWERS I. EXPRESSED POWERS II. IMPLIED POWERS. NONLEGISLATIVE POWERS. Congress has limits:. Government is Limited. America’s Government is Federal (split between National and States). AOS 2: On completion of this unit the student should be able to explain the role of the Commonwealth Constitution in defining law making powers within a federal structure.... Federation. In the 19. th. Bell Ringer: . Can you give an example of a power of Congress?. Delegated Powers. Congressional powers are delegated . (given) by the Constitution.. These delegated powers are either . 1.) Expressed 2.)Implied or 3.) Inherent . Constitution. Article I Section 8. Powers Delegated by the Constitution. Strict vs. Liberal . Activity. Worksheet. Video. Three Types of Powers:. Implied. Expressed. Inherent. Expressed Power. Tax. Congress may NOT tax exports. National vs. State Government. Federalism: The idea that both the state & national government have powers.. http://bensguide.gpo.gov/9-12/government/federalism.html. Exclusive Powers of the National and State Governments. Bell Ringer: . Give two examples of POWERS OF CONGRESS:. Delegated Powers. Congressional powers are . delegated (given) . by the Constitution.. These delegated powers are either . 1. .) Expressed . 2. Checks and Balances. Whose got the power???. Key Question. What are the two most important powers a government can have?. What are the two most important powers a government can have?. Power of the SWORD. Powers Granted to Congress. Financing Government. Collect taxes, borrow & print money. Regulating and Encouraging American Trade and Industry. Foreign & domestic trade. Roads & Post Offices. A practical perspective. Sylvia McNeece. 25 September 2013. Introduction. Context. Approach to regulation. Overview of regulatory powers. Enforcement. Future strategy. 1. Who the Board supervises. 2. Ex. . Print powers of 2 that are . . 2. N. .. Increment . i. from . 0. to . N. .. Double . v. each time.. int. i . =. . 0. ;. int. v . =. . 1. ;. while. . (. i . <=. N. ). . {. . Essential Questions. : What is the purpose of federalism? Why does the government need to make sure that the rights of citizens are upheld? What were the causes of instances in United States history in which rights were not properly upheld? How were/have these issues been resolved? . Separation of Powers or Checks/Balances- . breaks the U.S. government into 3 separate branches. Separation of Powers/Checks and Balances. Separation of Powers/Checks and Balances. Each branch has separate powers and can check one another’s powers . Review Game!!!!!!. Exponents. What is the product of four to the third power?. Exponents (answer). 64. Exponents. What has a power that equals six?. Exponents (answer). Six to the first power. Exponents. National . Government. State. Government. Powers Granted. Powers Denied. Delegated Powers. Reserved Powers. Concurrent Powers. Expressed. Implied. Inherent. 10. th. Amendment. Denied:. Expressly. Silence of the Constitution.