June 26, 2015

The Wallstreet Journal

MPI Quoted in The Wall Street Journal Article:

“The Internal Revenue Service is taking aim at the way wealthy families value certain assets they are passing along to heirs, a move that could crimp estate planning,” according to this recent article by The Wall Street Journal. The IRS is targeting the use of partnerships and companies to pass a family business or securities to children at a discounted value. MPI’s Todd Povlich is cited about the effect that potential changes to these discounts could have on families and estates.

To read the full article click here [subscription required]. For a paper copy of this issue contact tpovlich@mpival.com.

For more on this topic, read the Section 2704 blog article by Todd Povlich, Partner at MPI.

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