Defined value clauses are tools in trust documents to fix the value of often difficult to value assets, often avoiding the imposition of gift taxes. There are several types of these clauses, all of which receive IRS scrutiny and often are challenged in audit. The courts, however, have found in favor taxpays. This program will provide a thorough discussion of using and drafting defined value clauses.
Online registration ends 4/25/2018 at 11:59pm.