The Colorado Real Estate Journal published an article in its January 18 issue written by Spencer Fane attorney Griffin Bridgers. In the article, Griffin discusses how proposed Treasury Regulations under Internal Revenue Code Section 2704 may affect real estate investors’ ability to make discounted gifts of interests in their investments to family members for gift tax or estate tax purposes.
Griffin gives readers the background behind the regulations, their potential effect on business owners and investors, who the regulations could affect, and what investors can do to avoid issues that could be the result of the proposed regulations. You can read the entire article here.
Griffin Bridgers is a tax and estate planning attorney, helping closely-held family businesses, individuals, and families develop and implement strategies to protect their assets for generations to come. He assists businesses in all phases of their life cycles, from forming business entities to drafting operational and compliance documents to planning for succession or its ultimate sale. Griffin also assists with benefits issues which are unique to closely-held businesses, counseling clients on the implementation and maintenance of qualified and non-qualified deferred compensation plans, buy-sell agreements, executive compensation, and life insurance planning.