Episode #181: Jesse Richardson and Anthony Schutz (SCOTUS Recap)
Ag Law in the Field
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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