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Controlling Stockholders Family Businesses

Lathrop GPM

Treasury Department Issues Proposed Regulations on Valuation Discounts

Lathrop GPM on

On Aug. 2, 2016, the Treasury Department issued proposed regulations on valuation discounts. These proposed regulations make sweeping changes to the valuation rules for family-owned entities. If the proposed regulations...more

Holland & Knight LLP

Trustees Beware: Which Fiduciary Standard Applies to Your “Business Judgments”?

Holland & Knight LLP on

To what legal standard must a trustee adhere when he or she also participates in the control of a family or closely held business? Courts continue to grapple with this question. The high courts in both Georgia and Nebraska...more

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