In this webinar, Steve Gorin, the author of his quarterly newsletter, will discuss the proposed regulations under IRC § 2704 that would increase the valuation of business entities in many cases. Attendees will learn when the proposed regulations would apply and what their possible effect might be. Steve will discuss the effect the proposed regulations might have on planning strategies, as well as how to try to blunt the impact of the proposed regulations. Attendees will also hear whether the use of tenancy in common, that some have recommended, is a workable approach. On a completely separate note, learn how life insurance used in a buy-sell agreement might be subject to income tax and steps one can take to prevent that taxation.
Approved for 1.0 general MO and 1.2 general IL and CA credits.