Internal Revenue Code Section 6166 can provide significant federal estate tax deferral for estates of closely held business owners. Judicious application of IRC Section 6166 during the administration of a business owner’s estate can help to preserve the family business. Here are some of the many intricate steps required to administer a Section 6166 estate.
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.