November 2016

Ellen Kahn co-presents “Understanding The New Proposed 2704(B) Regulations” for the Jewish Community Federation’s Professional Advisors Network


On August 2, 2016, the U.S. Treasury Department issued long-awaited proposed regulations under Internal Revenue Code Section 2704. These proposed regulations are designed to limit discounts on family-owned businesses, family limited partnerships and similar entities. The proposed regulations have created a whirlwind of commentary in the estate planning and valuation communities, with differing interpretations of the impact. The Treasury Department has scheduled a hearing on December 1, 2016, and announced that the regulations will not be effective until 30 days following the adoption of final regulations.

This presentation explores the uncertainty arising from the proposed regulations, and how it impacts planning and valuation issues pre- and post-adoption of the regulations.

November 14 and 15

  • David Eckstein, Co-founder and Managing Director, FMV Opinions, Inc.
  • Ellen Kahn, Partner, Sideman & Bancroft LLP