Ending The Attack On Family Owned Businesses: Valuation Discounts Are Back!

 

The Treasury Department has been attacking valuation discounts for a number of years, but the attack has finally come to an end. Valuation discounts are unique planning tools that estate and wealth planners utilize to minimize the value of certain assets, allowing property to pass from one generation to another with significantly fewer tax consequences. As such, valuation discounts have been a powerful tool in planning for the transfer or sale of farming operations from one generation to the next since the 1990’s.

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