Daniel J. Studin Comments on QSBS Trust Stacking in The Wall Street Journal
Partner Daniel J. Studin, co-chair of Morrison Cohen’s Individual Client Services Practice, was quoted in a Wall Street Journal article entitled "Silicon Valley Is Obsessed With 'Trust Stacking,' and the IRS Doesn't Like It."
The article examines the rapid growth of a trust planning strategy known as “stacking.” Using this strategy, founders, investors and employees of early-stage companies can effectively multiply their Qualified Small Business Stock (QSBS) exclusion, resulting in significant additional tax savings on a successful exit over that which would be realized if no pre-exit estate planning had been done.
The article explores how the strategy has attracted increased scrutiny from the Treasury Department, which has signaled forthcoming guidance to rein-in what officials view as overly aggressive planning.
Subscribers to The Wall Street Journal may read the full article here.
Contacts
- Daniel J. Studin Partner & Co-Chair, Individual Client Services
- dstudin@morrisoncohen.com
Related Practices
Our Individual Client Services Practice provides creative and effective personal, financial, charitable and tax planning to individual clients, closely-held family companies, foundations and charities.
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