Section 6166

The funding of estate tax for an individual whose wealth is comprised, in significant part, of closely-held business interests often becomes the most critical factor in estate planning and administration. I.R.C. §6166 permits the estate of…

In a broad sense, four factors will determine the impact of death tax on the estate of the owner of a closely-held business and, therefore, how much of that business may be transferred to the chosen objects of the owner's bounty.