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Proposed Treasury Regulations Could Increase Wealth Transfer Tax for Family Business Owners

Posted by: Meghan M. Linvill McNab on August 31, 2016

Court Decision Clears Way for Broader Use of Postnuptial Agreements

On August 2, 2016, the Treasury Department issued proposed regulations under Internal Revenue Code Section 2704. If adopted as currently drafted, changes to the valuation of interests in family-controlled business entities for estate, gift and generation-skipping transfer (GST) tax (“transfer...

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