In its recent decision in Connelly v. U.S., the U.S. Supreme Court held that life insurance proceeds received by a corporation to fund an obligation to purchase a deceased stockholder’s shares in the corporation must be...more
7/17/2024
/ Beneficiaries ,
Business Succession ,
Buy-Sell Agreements ,
Connelly v United States ,
Estate Tax ,
IRS ,
Life Insurance ,
Purchase Agreement ,
SCOTUS ,
Shareholders ,
Surviving Entity