This module is designed to help the professional understand how to accurately prepare Schedules J, K, L, P, and Q of Form 706, which relate to the expenses of the estate, the debts and mortgages of the decedent and several credits.

The content related to Schedule J will cover topics that include:

• funeral expenses
• other miscellaneous expenses (e.g., selling expenses, interest)

The content related to Schedule K and L will cover topics that include:

• debts of the decedent and mortgages and liens
• unsecured debts
• secured debts
• net losses during administration and expenses incurred in administering property not subject to claims