Episode #181: Jesse Richardson and Anthony Schutz (SCOTUS Recap)
Ag Law in the Field
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Valuing Life Insurance Proceeds in Estate Tax Cases
This chapter examines the legal case of Connolly versus IRS, centering on the contentious valuation of a corporation for estate tax that involved life insurance proceeds. The ruling underscores the necessity of proper financial arrangements to prevent disputes similar to the one faced by the Connolly brothers.
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