Overview
Todd Angkatavanich and Adam Sherman presented on the webinar titled “Special Valuation Rules in Estate Planning: Chapter 14 Issues and Applications,” jointly hosted by the American Law Institute Continuing Legal Education (ALI CLE) and the American College of Trust and Estate Counsel (ACTEC) on March 12, 2024. The webinar took an in-depth look at Chapter 14 of the Internal Revenue Code, which attempts to prevent perceived transfer tax abuses in the context of business or other interests held within a family. To provide a better understanding of the labyrinth that is Chapter 14, the panel of speakers discussed the unexpected circumstances in which sections of the code can apply and how to help clients avoid unintentional tax outcomes.
