Milbank LLP Trusts & Estates associate Katie Lynagh was recently quoted in “IRS Estate Tax Proposal Seen as Hampering Related-Party Loans,” an article published by Bloomberg Law News. The article discusses the newly released proposed Treasury regulations, which would affect the deductibility of expenses of estates, including interest expenses incurred by illiquid estates that borrow to pay estate taxes.
To read "IRS Estate Tax Proposal Seen as Hampering Related-Party Loans," please click here. (Please note that a subscription is required for full access.)