Sep

    Using Defined Value and Formula Clauses - Section 2704 Regs Highlight Their Usefulness

    1 PM EDT

    Estate planners have used defined value and formula clauses for many years. Recent cases such as McCord and Wandry have provided guidance on how to use them and withstand IRS scrutiny. Planning before the proposed section 2704 regulations become  effective is increasing workload for estate planners and appraisers. The flexibility of defined value and formula clauses can be an important tool in doing this planning.
     
    Our panelists will discuss:
    •          The history of defined value and formula clauses
    •          Their current status
    •          When to use them
    •          Drafting considerations
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    Event Details

    Format

    Web

    Date

    Sep 27, 2016

    2016-09-27T13:00:00-04:00 2016-09-27T14:30:00-04:00 Using Defined Value and Formula Clauses - Section 2704 Regs Highlight Their Usefulness
    Estate planners have used defined value and formula clauses for many years. Recent cases such as McCord and Wandry have provided guidance on how to use them and withstand IRS scrutiny. Planning before the proposed section 2704 regulations become  effective is increasing workload for estate planners and appraisers. The flexibility of defined value and formula clauses can be an important tool in doing this planning.
     
    Our panelists will discuss:
    •          The history of defined value and formula clauses
    •          Their current status
    •          When to use them
    •          Drafting considerations

    Sponsors

    Section of Real Property, Trust and Estate Law

    Panelists

    John W Porter

    Keri Brown

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