Treasury Department has recently issued Proposed Regulations

//Treasury Department has recently issued Proposed Regulations

Treasury Department has recently issued Proposed Regulations

The Treasury Department has recently issued Proposed Regulations restricting valuation discounts for family-owned assets and businesses under Section 2704 of the Internal Revenue Code. One of our attorneys, Brett Dale, recently conducted an online presentation regarding this proposed change in federal law. He also wrote an article on the impact of the proposed change in this law on the planning that clients will be able to do if the Proposed Regulations become final.