Family Entities

The Federal Trade Commission (FTC) has issued a new Rule prohibiting noncompete agreements. While this has been the subject of considerable discussion among employment and corporate attorneys, similar attention has yet to be given to this…

There have already been many webinars discussing the Corporate Transparency Act (“CTA”) so this webinar will build on that foundation and take a more detailed “deeper dive” into what everyone (practitioners, Reporting Companies, Beneficial…

This course will review the highlights, requirements, and framework to understand and address the Corporate Transparency Act (“CTA”), but it will go much deeper than just summarizing the new rules. This program will provide practical…

Chief Counsel Advice 202152018 (“the CCA”), released on December 30, 2021, has a critical impact on grantor retained annuity trusts (GRATs). The CCA addresses a common valuation challenge: what consideration should be given to a potential…

This article examines the issues (good and bad) related to making an affirmative Code section 754 election to adjust the basis of assets held inside a partnership when a partnership interest is included in a decedent’s estate.  The…

What are the valuation implications of the current economic environment brought about by the economic implications and stock market’s reaction to the COVID-19 crisis?

With very limited exceptions, estate, gift and GST (called "wealth transfer") taxes are imposed on property's fair market value (FMV). Only cash and publicly traded securities have definite values for estate and gift tax purposes.

Learn how to move from corporate status to a partnership once the tax benefits of being a C corporation has run its course.

In this webinar, the panelists will analyze the Powell case and provide their insight on how it may impact estate planners advising existing family entities.

In response to the President’s Executive Order of April 21, 2017, the Internal Revenue Service has issued Notice 2017-38, 2017, designating the Proposed Regulations under Section 2704 of the Internal Revenue Code as imposing an undue…