Divorce Mediation Blog

Treasury Department trumps Proposed IRC §2704 Regulations?

Friday, July 28, 2017

We have been following the saga of the Obama-era proposed regulations to tighten practices in valuing family-controlled businesses, which spent much of last year plus in public scrutiny and commentary. The proposed rules have been a lightning rod for valuation experts and family business representatives alike, since they would pretty much eradicate discounts, establish minimum valuations and increase federal tax receipts upon sales of these closely held-entities during lifetime, and upon death, for those fortunate few who qualify for estate tax liability.

Now, courtesy of presidential Executive Order 13789 (April 21, 2017), the United States Treasury Department has put the proposed §2704 in its crosshairs, in the name of de-regulating business. In its 60-day interim report, Treasury identified including §2704 among eight “Regulations identified for burden reduction”.

We can’t help but wonder how much the president, his cabinet, West Wing advisors – and all of their heirs -- stand to gain personally, by “unburdening” the American people in this way.

Think we’ll ever know?

Get e-mail notifications of new blog posts! Enter email address below.:

Delivered by FeedBurner

other articles

recent posts


medical benefits Divorce Agreements high-risk methodology Massachusetts divorce lawyers arbitration Chouteau Levine special master family law health coverage disputes divorced divorce mediator MLB labor agreement Baseball Arbitration fraud divorce arbitrators family law arbitrators annulment Cohabitation divorce judgment lawyers COLA Uniform Arbitration Act arbitrators The Seven Sins of Alimony lawyer Child Support Guidelines med/arb self-adjusting alimony Same Sex Marriage pre-ARA alimony Boston Self-adjusting alimony orders divorce and family law LDRC Levine Dispute Resolution Center family support family law arbitrator conciliation General term alimony Matrimonial Arbitration mediation support orders alimony orders DOMA Defense of Marriage Act divorce mediations family law mediation divorce process divorce agreement family mediation Obamacare mediator alimony divorce mediation divorce arbitrator dispute resolution lawyer-attended mediation SJC Act Reforming Alimony in the Commonwealth traditional negotiations child support Massachusetts Alimony Reform Act Baseball mediations med-arb alimony statute divorce and family law mediators Massachusetts alimony Major League Baseball Arbitration divorce mediators Massachusetts divorce mediators Baseball Players private dispute resolution resolve disputes Levine Dispute Resolutions divorce litigation Divorce Massachusetts Lawyers Weekly arbitrator Massachusetts lawyers Family Law Arbitration facilitated negotiations Alimony Reform Act Levine Dispute Resolution mediators litigation IRC §2704 Massachusetts alimony and child support alimony reform legislation rehabilitative alimony alimony law health insurance divorce arbitration Massachusetts Levine Dispute Resolution Center LLC family and probate law disputes separation divorce lawyers how baseball arbitration works