Time May Be Running Out for Some Valuation Discounts

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timemoneyWith the finalization of the proposed Section 2704 regulations looming, individuals and their advisors should consider completing estate/gift tax planning or business valuation projects before year-end while the current tax treatment is still available. If the regulations are passed as proposed, they are likely to become effective at the beginning of 2017.

Read this technical whitepaper to learn more about the background behind the changes as well as the impact they will have on gift and estate taxes (through reductions in valuation discounts on transfers of interests in family-owned businesses).

Contact Bob Grossman at 412-338-9300 to discuss your valuation or estate planning needs.

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