BYE BYE BUY-SELL? Not Quite, But Court Decision Changes the Planning Calculus

On June 6, 2024, the U.S. Supreme Court (SCOTUS) rendered a unanimous decision in Connelly v. the U.S. (Connelly) that was not only unfavorable to the estate – to the tune of $889K in additional federal estate taxes – but carried far-reaching implications beyond the facts of the case. Click the link to learn more about those implications.