Recent Developments in Valuation and Inclusion in the Gross Estate

4823 Old Kingston Pike,Knoxville TN 37919

23 February, 2021

Description

Join The Trust Company of Tennessee for a hosted presentation of Cannon Financial's 2021 Teleconference series. Unrelated to the 2020 turmoil, the IRS and the judiciary have been exceptionally busy evaluating and ruling on matters of interest to estate planners and professionals who administer trusts and estates. Particularly active areas of developing law have been the valuation of property potentially subject to gift or estate tax and determining what assets are properly includable in a decedent's gross estate. This teleconference will explore a number of recent cases and rulings addressing the following: Continuing Expanded Reach of IRC Section 2036(a) "Tax-Affecting" in Valuation of Pass-Through Entity Equity The Specter of "Double Inclusion" in the Gross Estate Misapplication of Willing Buyer-Willing Seller Test and Lack of Marketability Discount Hosted at The Trust Company of Tennessee's Knoxville office with limited attendance for safety. Boxed lunches will be served for those attending in person beginning at 12 pm. Socially distanced seating is available in our conference room for a limited number.If you are interested in attending virtually, we are exploring options for your participation. Please contact Lindsay Cates for additional options at [email protected].