{"id":465880,"date":"2016-08-23T07:56:11","date_gmt":"2016-08-23T13:56:11","guid":{"rendered":"https:\/\/maddoxthomson.com\/?p=465880"},"modified":"2022-09-21T17:16:37","modified_gmt":"2022-09-21T23:16:37","slug":"heres-some-usen-frm-our-sist","status":"publish","type":"post","link":"https:\/\/maddoxthomson.com\/heres-some-usen-frm-our-sist\/","title":{"rendered":"Here&#8217;s some useful info from our sister company, Horizon Advisors&#8230;"},"content":{"rendered":"<div id=\"post-466006\" class=\"hentry p1 post publish author-admin category-commentary category-news tag-discounts tag-estate-tax is-full comments-closed pings-open y2016 m08 d18 h09 slug-limited-time-offer-estate-tax-savings\">\n<h1 class=\"entry-title\">Limited Time Offer For Estate Tax Savings<\/h1>\n<div class=\"entry-meta\">By Horizon Advisors | August 18, 2016 |<\/div>\n<div class=\"entry-content\">\n<p>The IRS has released new regulations which substantially reduce or eliminate provisions which have made family limited partnerships such a popular estate planning strategy for wealthy families. \u00a0 Planning of this sort used minority interests and lack of control provisions to obtain substantial valuation discounts. \u00a0These discounts have been commonly used to minimize or avoid estate and transfer taxes for transfers to family members. \u00a0The new rules will do away with these discounts.<\/p>\n<p>If you expect to have a taxable estate and have contemplated making transfers to your family members to reduce your eventual estate tax burden, you will need to act quickly to take advantage of using the old rules before the new regulations take effect. \u00a0 The public hearing on the new regulations will occur on \u00a0December 1, so they will not become effective until after that date.\u00a0 However, planning these sorts of transactions is not a simple process, so if you are interested, contact your estate planning counsel soon to see if this could be useful to you before the new rules take effect.<\/p>\n<\/div>\n<\/div>\n<div id=\"nav-below\" class=\"navigation\"><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Limited Time Offer For Estate Tax Savings By Horizon Advisors | August 18, 2016 | The IRS has released new regulations which substantially reduce or eliminate provisions which have made family limited partnerships such a popular estate planning strategy for wealthy families. \u00a0 Planning of this sort used minority interests and lack of control provisions&hellip;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56,73,60],"tags":[],"authors":[],"_links":{"self":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts\/465880"}],"collection":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/comments?post=465880"}],"version-history":[{"count":1,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts\/465880\/revisions"}],"predecessor-version":[{"id":466918,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts\/465880\/revisions\/466918"}],"wp:attachment":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/media?parent=465880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/categories?post=465880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/tags?post=465880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}