Thomas E. Peckham

Adjunct Professor

Partner, Morgan, Lewis & Bockius LLP

BA, Brown University
JD, Boston University School of Law
LLM in Taxation, Boston University School of Law

Areas of Interest
Tax Law

Tom Peckham is a partner in the Private Client Group of Morgan, Lewis & Bockius LLP. His practice is concentrated in the areas of sophisticated estate planning for high net-worth individuals, estate and trust administration, and related tax and business planning. Mr. Peckham has more than 40 years of experience in tax and estate planning. He is an innovator in the use of legal strategies to benefit his clients involving family limited partnerships, grantor-retained annuity trusts, qualified personal residence trusts and charitable remainder trusts. Mr. Peckham is also a fellow of the American College of Trust and Estate Counsel, past chairman of the ACTEC Massachusetts State Committee, and past member of the New England Region State Chairs’ Steering Committee.


2 credits

This course picks up the estate planning course (TX 935) leaves off. We will survey several "cutting edge" estate planning techniques-techniques that permit the transfer of large amounts of wealth at little or no gift tax or estate tax cost. We will zero in on valuation rules that apply to the estate tax and gift tax; we will discuss what to look for in appraisals; we will examine, in depth, the current status of planning involving family partnerships and LLCs; we will examine the rules that apply to GRATs, installment sales to "defective" grantor trusts, and how to structure transfers using these techniques; we will review the biases built into the actuarial valuation rules that the Internal Revenue Service requires us to apply; we will examine the effects of the UPC, the Uniform Trust Code, and will consider "decanting"; we will discuss some of the psychological aspects of estate planning including issues presented by parents' fears of making their children too wealthy too soon; and we will discuss trust design and the choice of trustees. There is no final exam but students will be required to write a 10 -- 15 page term paper. In addition there will be several quizzes throughout the semester. Prerequisite: Estate Planning and Estate and Gift Tax Recommended: Taxation of Trusts and Fiduciaries

SPRG 2018: LAW TX 934 A1 , Jan 16th to Apr 24th 2018
Days Start End Credits Instructors Bldg
Tue 6:30 pm 8:30 pm 2 Thomas E. Peckham LAW
SPRG 2018: LAW TX 934 OL , Jan 16th to Apr 25th 2018
Days Start End Credits Instructors Bldg
ARR TBD TBD 2 Peckham
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