Showing 1 post from 2024.
July 19, 2024
Business Owners: How to Avoid Additional Estate Taxes after Connelly v. Commissioner
In early June, the Supreme Court issued an opinion that clarifies how company-owned life insurance impacts the value of the company for estate tax purposes. As a business owner, you may need to re-evaluate the use of those policies and whether they will subject you to increased estate tax exposure. Here’s what happened in Connelly and how it may affect you. Read More ›
Categories: Alerts and Updates, Did you Know?, Insurance, News, Tax, U.S. Supreme Court
Posted by: Michael C. Zahrt, Olivia K. Reid (Summer Associate)
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