Partner Matthew Wochok authored an in-depth analysis of Connelly v. United States for Tax Notes Federal titled “The Blunt Reality of Connelly Was Never Blount.” Published July 8, 2024, the article discusses the Supreme Court decision regarding whether the proceeds from a life insurance policy, which was taken out by a closely held corporation on a shareholder to facilitate the redemption of the shareholder’s stock upon death, should be included when calculating the value of the shareholder’s shares to determine the federal estate tax.
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