Valuation discounts: what could the IRS’ new proposal mean for families?

Publisher: Private Asset Management Magazine

October 6, 2016

Darren Wallace and Ed Krzanowski were quoted in an article, "Valuation discounts: what could the IRS’ new proposal mean for families?" in Private Asset Management Magazine. In the article, Wallace and Krzanowski discuss the recently issued proposed regulations under Internal Revenue Code Section 2704 that, if finalized, would curtail or eliminate valuation discounts for gift and estate tax purposes. These regulations would affect the gift and estate tax value of family-owned business entities, including both active businesses and family investment vehicles such as family limited partnerships (FLPs) and limited liability companies (LLCs). For individuals who have an interest in a family-owned business entity and an estate that could be subject to federal or state estate tax (and thus affected by no longer being able to value those interests based on fractional-interest or other discounts), these regulations could have a major impact on them.

On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.

January 27, 2019

Acquire or Be Acquired, Bank Director's Annual Conference, Phoenix, AZ

The Top Issues You Need to Know and Control When You Deal with FinTechs

On January 18, Michael Rave and Michael Dunne participated in the 2019 Economic Leadership Forum, presented by the New Jersey Bankers Association.

January 18, 2019

2019 Economic Leadership Forum, New Jersey Bankers Association, Somerset, NJ

St. John's University School of Law Women's Leadership Boot Camp

On October 5, partner Ellen Knarr served as a panelist at the St. John's University School of Law Women's Leadership Boot Camp, presented by the Women's Law Society.

October 5, 2018

St. John's University School of Law, New York, NY

ACI's Women Leaders in Financial Services Law and Compliance

Joy Harmon Sperling will be speaking at a mentorship workshop and moderating a GC roundtable at “Women Leaders in Financial Services Law and Compliance,” a conference being presented by the American Conference Institute (ACI) and held in New York, NY from May 9 – 11.

May 9-11, 2018

American Conference Institute (ACI), New York, NY

Day Pitney Hosts Family Office Real Estate Investing Series Program

As part of its ongoing Family Office Investing Series, Day Pitney LLP hosted a private, invitation-only program at The Cornell Club of New York, themed “Real Estate Investing: Challenges and Opportunities in a Rapidly Changing Landscape.”

April 25, 2018

The Cornell Club of New York, New York, NY

Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal

February 11, 2019

Mike Rave was quoted in an analysis article, "Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal," published by Law360.

Day Pitney Represents Independent Bank Corp. in its Merger Agreement with Blue Hills Bancorp, Inc.

September 20, 2018

Day Pitney Press Release

Day Pitney's Stamford Office Relocation and Growth Featured in The Advocate

August 7, 2018

Tom Goldberg and Scott Beach were quoted in an article, "Day Pitney Lawyers Bullish About Stamford Move," published by the Stamford Advocate.

Day Pitney Represents Independent Bank Corp. in its Merger Agreement with MNB Bancorp for Rockland Trust Company to Acquire The Milford National Bank and Trust Company