TreatiseTreatise

Estate Planning & Chapter 14: Understanding the Special Valuation Rules (2nd Edition)

 by Cheryl E Hader
 
 Copyright: 2011

 Product Details >> 

Product Details

  • ISBN Number: 9781402416873
  • Page Count: 420
  • Number of Volumes: 1
  •  

Although Chapter 14’s special valuation rules may have reduced the viability of estate freezes, author Cheryl Hader informs practitioners how to still achieve tax-effective results under the right set of facts. Estate Planning & Chapter 14: Understanding the Special Valuation Rules

 is a comprehensive and indispensable resource for estate and tax planners, tax attorneys, and general practitioners involved in estate and tax planning. It advises practitioners how to take advantage of the still available tax-saving opportunities for clients wishing to pass wealth from older to younger generations within a family. Tax-advantaged strategies are illustrated by the numerous sample documents, case studies, charts, and graphs included in the book.
  Preface
  Table of Contents
Chapter 1: Rationale for Section 2701
  • § 1:1 : The Classic Estate Freeze15
  • § 1:2 : Enactment and Repeal of Section 2036(c)16
Chapter 2: Analysis of the Statute
  • § 2:1 : General Rule18
    • § 2:1.1 : Brief Description18
    • § 2:1.2 : Illustrations19
  • § 2:2 : Definitions20
    • § 2:2.1 : Transfer20
      • [A] : Direct and Indirect Transfers20
      • [B] : Non-Transfers22
    • § 2:2.2 : Member of the Family22
    • § 2:2.3 : Applicable Family Member22
    • § 2:2.4 : Applicable Retained Interest23
    • § 2:2.5 : Control23
      • [A] : Control of a Corporation23
      • [B] : Control of a Partnership or Other Entity24
        • [B][1] : Interest in an Entity That Is a General Partner24
        • [B][2] : Control over an LLC25
    • § 2:2.6 : Distribution Right25
    • § 2:2.7 : Extraordinary Payment Right26
    • § 2:2.8 : Family-Held26
    • § 2:2.9 : Liquidation Participation Right27
    • § 2:2.10 : Mandatory Payment Right27
    • § 2:2.11 : Nonlapsing Conversion Right27
      • [A] : Interest in a Corporation27
      • [B] : Interest in a Partnership27
    • § 2:2.12 : Qualified Payment28
    • § 2:2.13 : Right to a Guaranteed Payment of a Fixed Amount Under Section 707(c) of the Code29
    • § 2:2.14 : Senior Equity Interest29
    • § 2:2.15 : Subordinate Equity Interest29
  • § 2:3 : Exceptions to the Application of Section 270129
    • § 2:3.1 : Rulings on the Exceptions30
      • [A] : Distribution Rights Outside the Definition of “Applicable Retained Interests”31
      • [B] : Transfers in Exchange for Debt31
      • [C] : “Same Proportionate Interest” Exception32
      • [D] : “Substantially the Same Interest” Exception32
      • [E] : “Interests of the Same Class” Exception33
  • § 2:4 : Elections with Respect to Qualified Payments36
    • § 2:4.1 : Types of Elections36
      • [A] : Election Out of Qualified Payment Treatment36
      • [B] : Election into Qualified Payment Treatment36
    • § 2:4.2 : How to Make the Election37
      • [A] : Requirements37
      • [B] : Results of Making an Election: Example38
  • § 2:5 : Statute of Limitations39
  • Appendix 2A : Attachment to Gift Tax Return Disclosing Transfer of Property Under Section 270141
  • Appendix 2B : Statement Electing Qualified Payment Status Under Section 2701(c)(3)(C)(ii)43
  • Appendix 2C : Statement Electing Out of Qualified Payment Status Under Section 2701(c)(3)(C)(i)45
  • Appendix 2D : Election Statement to Treat Late Qualified Payment As Taxable Event47
Chapter 3: Valuation Under Section 2701
  • § 3:1 : General Methodology50
  • § 3:2 : Specific Valuation Rules50
    • § 3:2.1 : Principles of Section 270150
      • [A] : Rules50
      • [B] : Application51
    • § 3:2.2 : Valuing Preferred Interests Outside of Section 270153
      • [A] : Yield53
      • [B] : Dividend Coverage53
      • [C] : Protection of the Liquidation Preference54
      • [D] : Voting Rights54
      • [E] : Lack of Marketability54
  • § 3:3 : The Subtraction Method54
    • § 3:3.1 : Step 1—Valuation of Family-Held Interests54
      • [A] : Definition of “Family-Held Interests”55
      • [B] : Valuation of Qualified Retained Interests55
    • § 3:3.2 : Step 2—Subtraction of the Value of Senior Equity Interests56
    • § 3:3.3 : Step 3—Allocation of the Remaining Value Among the Transferred Interests and Other Family-Held Subordinate Equity Interests57
    • § 3:3.4 : Step 4—Determination of the Amount of the Gift58
    • § 3:3.5 : Examples Illustrating Application of the Subtraction Method59
      • [A] : Example 159
      • [B] : Example 259
      • [C] : Example 360
      • [D] : Example 461
      • [E] : Example 562
    • § 3:3.6 : Private Letter Ruling Applying the Subtraction Method62
  • § 3:4 : Minimum Value Rule63
    • § 3:4.1 : Rule63
    • § 3:4.2 : Definitions63
  • Appendix 3A : Subtraction Method of Valuation65
Chapter 4: Who Is Affected by Section 2701?
  • § 4:1 : Formation of a Family Limited Partnership69
  • § 4:2 : Restructuring an Entity to Achieve Income and Estate Tax Efficiencies71
    • § 4:2.1 : Current Structure71
    • § 4:2.2 : Analysis71
    • § 4:2.3 : Restructuring72
    • § 4:2.4 : Smith LLC73
Chapter 5: Transfer Tax Treatment of Accumulated Qualified Payments
  • § 5:1 : Overview75
  • § 5:2 : Taxable Events76
    • § 5:2.1 : Definition76
    • § 5:2.2 : Example76
  • § 5:3 : Operation of Rules77
  • § 5:4 : Exceptions77
    • § 5:4.1 : Transfer to Spouse77
    • § 5:4.2 : Bequest to Spouse78
    • § 5:4.3 : Purchase by Surviving Spouse79
  • § 5:5 : Amount of Increase80
  • § 5:6 : Grace Period81
  • § 5:7 : Limitation81
  • § 5:8 : Election to Treat Payment As Taxable Event82
    • § 5:8.1 : Requirements83
    • § 5:8.2 : Results84
  • Appendix 5A : Election Statement to Treat Late Qualified Payment As Taxable Event85
Chapter 6: Adjustments to Avoid Double Taxation
  • § 6:1 : Double Taxation Due to Subsequent Transfer88
  • § 6:2 : Statutory Authority for Adjustment88
  • § 6:3 : Overview and Evolution of Rules89
    • § 6:3.1 : Proposed Regulations89
      • [A] : Initial Proposed Regulations89
      • [B] : Revised Proposed Regulations90
    • § 6:3.2 : Final Regulations90
  • § 6:4 : Detailed Explanation of Rules91
    • § 6:4.1 : Reduction of Tax on Transfer of a Section 2701 Interest91
    • § 6:4.2 : Terminology91
      • [A] : Section 2701 Interest91
      • [B] : Reduction92
      • [C] : Duplicated Amount92
      • [D] : Transfer Tax Value92
    • § 6:4.3 : Special Transfer Tax Value Rules93
      • [A] : Transfers for Consideration93
      • [B] : Interests Held by Applicable Family Members at Initial Transferor’s Death93
      • [C] : Nonrecognition Transactions94
      • [D] : Multiple Classes of Section 2701 Interest94
      • [E] : Multiple Initial Transfers94
    • § 6:4.4 : Examples Applying Special Transfer Tax Value Rules94
      • [A] : Example 195
      • [B] : Example 296
      • [C] : Example 396
      • [D] : Example 496
      • [E] : Example 597
    • § 6:4.5 : Special Rules for Initial Split Gift Transfers97
      • [A] : Transfers While Both Spouses Are Living97
      • [B] : Transfers at or After Death of Either Spouse98
    • § 6:4.6 : Examples Applying Special Initial Split Gift Transfer Rules99
      • [A] : Example 1100
      • [B] : Example 2100
      • [C] : Example 3100
      • [D] : Example 4101
      • [E] : Example 5101
  • § 6:5 : Effect of Section 2701(e)(6) Adjustment101
Chapter 7: Indirect Holding of Interests
  • § 7:1 : Attribution to Individuals103
    • § 7:1.1 : Interests Held by Corporations104
    • § 7:1.2 : Interests Held by Partnerships104
    • § 7:1.3 : Interests Held by Estates, Trusts, and Other Entities105
      • [A] : In General105
      • [B] : Special Rules for Interests Held by Estates and Trusts105
  • § 7:2 : Multiple Attribution106
    • § 7:2.1 : Applicable Retained Interests106
    • § 7:2.2 : Subordinate Equity Interests107
Chapter 8: Rationale for Section 2702
  • § 8:1 : Planning with GRITs Prior to Chapter 14115
  • § 8:2 : Impact of Chapter 14 on Planning with GRITs115
  • § 8:3 : Use of a Grantor-Retained Income Trust (GRIT) As an Estate Freeze Technique116
Chapter 9: General Rule of Section 2702
  • § 9:1 : Brief Description117
  • § 9:2 : Exceptions to the Application of Section 2702118
  • § 9:3 : Definitions120
    • § 9:3.1 : Applicable Family Member120
    • § 9:3.2 : Governing Instrument121
    • § 9:3.3 : Incomplete Gift121
    • § 9:3.4 : Interest in Trust121
    • § 9:3.5 : Member of the Family121
    • § 9:3.6 : Qualified Interest121
    • § 9:3.7 : Retained123
    • § 9:3.8 : Term Interest123
    • § 9:3.9 : Transfer in Trust123
  • § 9:4 : Statute of Limitations124
Chapter 10: GRITs Holding Tangible Property: Special Rules
  • § 10:1 : Introduction125
  • § 10:2 : Type of Tangible Property to Which Exception Applies125
    • § 10:2.1 : Rule125
    • § 10:2.2 : Example126
  • § 10:3 : Valuation of Term Interest in Tangible Property126
  • § 10:4 : Evidentiary Problem127
    • § 10:4.1 : Explanation127
    • § 10:4.2 : Example127
  • § 10:5 : Change in Nature of Property During Term128
    • § 10:5.1 : Rules128
    • § 10:5.2 : Example129
    • § 10:5.3 : Additions or Improvements129
Chapter 11: Residence GRITs: Personal Residence Trusts and Qualified Personal Residence Trusts
  • § 11:1 : Introduction133
    • § 11:1.1 : Transferring a Family Residence to Children Using a Qualified Personal Residence Trust (QPRT)133
  • § 11:2 : Operation of a Residence GRIT134
    • § 11:2.1 : Structure of a Residence GRIT134
    • § 11:2.2 : Value of the Gift134
    • § 11:2.3 : Factors Affecting the Value of the Gift134
    • § 11:2.4 : Grantor’s Continuing Use of the Residence135
  • § 11:3 : Requirements Applicable to Both Personal Residence Trusts and Qualified Personal Residence Trusts136
    • § 11:3.1 : Trust Property136
    • § 11:3.2 : Sale or Transfer of the Residence137
      • [A] : Exception138
      • [B] : Effective Date138
      • [C] : Background138
    • § 11:3.3 : Definition of Personal Residence139
      • [A] : Area139
      • [B] : Guesthouse140
      • [C] : Swimming Pool140
      • [D] : Caretaker’s Residence141
      • [E] : Boathouse141
      • [F] : Artist’s Studio141
      • [G] : Farm141
      • [H] : Conservation Easement142
    • § 11:3.4 : Cooperative Apartments142
    • § 11:3.5 : Mortgage143
    • § 11:3.6 : Use of Residence143
    • § 11:3.7 : Spousal Interests144
    • § 11:3.8 : Modification of Trust144
  • § 11:4 : Requirements Solely Applicable to Personal Residence Trusts145
    • § 11:4.1 : Qualified Proceeds145
    • § 11:4.2 : Sale of the Residence145
    • § 11:4.3 : Expenses145
  • § 11:5 : Requirements Solely Applicable to Qualified Personal Residence Trusts146
    • § 11:5.1 : Trust Income146
    • § 11:5.2 : Distributions to Other Persons146
    • § 11:5.3 : Trust Assets146
    • § 11:5.4 : Cash for Payment of Expenses146
    • § 11:5.5 : Improvements147
    • § 11:5.6 : Sale Proceeds147
    • § 11:5.7 : Insurance and Insurance Proceeds147
    • § 11:5.8 : Commutation148
    • § 11:5.9 : Cessation of Use As a Personal Residence148
      • [A] : Sale of the Residence148
      • [B] : Damage to or Destruction of the Residence149
      • [C] : Disposition of Trust Assets After Cessation As Qualified Personal Residence Trust149
    • § 11:5.10 : Requirements for Conversion to a Qualified Annuity Interest150
      • [A] : Rules150
      • [B] : Example151
    • § 11:5.11 : IRS Sample Form152
  • § 11:6 : Effectiveness of Qualified Personal Residence Trusts for Transfer Tax Purposes153
  • § 11:7 : Joint Purchase Personal Residence Trust153
  • Appendix 11A : Qualified Personal Residence Trust Examples155
  • Appendix 11B : IRC Section 7520: Valuation Rules185
Chapter 12: Qualified Interests: GRATs, GRUTs, and Qualified Remainder Interests
  • § 12:1 : Introduction188
  • § 12:2 : Qualified Annuity Interests and GRATs189
    • § 12:2.1 : Overview189
      • [A] : Use of a Grantor Retained Annuity Trust (GRAT) As an Estate Freeze Technique189
    • § 12:2.2 : Factors Affecting the Value of the Gift of the Remainder Interest190
    • § 12:2.3 : Limitation on Reducing the Value of the Gift190
    • § 12:2.4 : Mandatory Payment of the Annuity191
      • [A] : Timing191
      • [B] : Use of Notes192
    • § 12:2.5 : Fixed-Amount Requirement194
      • [A] : Rule194
      • [B] : Example194
      • [C] : No-Ruling Policy195
    • § 12:2.6 : Income in Excess of the Annuity Amount195
      • [A] : Rule195
      • [B] : Example195
    • § 12:2.7 : Incorrect Valuations of Trust Property196
    • § 12:2.8 : Computation of the Annuity Amount in Short Years196
    • § 12:2.9 : Additional Contributions197
    • § 12:2.10 : Commutation197
    • § 12:2.11 : Distributions to Others197
    • § 12:2.12 : Term of the Annuity Interest197
      • [A] : History of Example 5 and Post-Death Payments198
      • [B] : Example 5 and Spousal Annuity Interests199
        • [B][1] : Early Rulings200
        • [B][2] : Later Rulings and Case Law200
        • [B][3] : New Regulations203
    • § 12:2.13 : Practice Tip: Comparative Advantages of a GRAT and an Outright Gift205
  • § 12:3 : Qualified Unitrust Interests and GRUTs206
    • § 12:3.1 : Use of a Grantor Retained Unitrust (GRUT) As an Estate Freeze Technique207
    • § 12:3.2 : Mandatory Payment of Unitrust Amount207
    • § 12:3.3 : Fixed-Percentage Requirement208
    • § 12:3.4 : Income in Excess of the Unitrust Amount208
    • § 12:3.5 : Incorrect Valuations of Trust Property209
    • § 12:3.6 : Computation of the Unitrust Amount in Short Years209
    • § 12:3.7 : Additional Contributions209
    • § 12:3.8 : Commutation209
    • § 12:3.9 : Distributions to Others209
    • § 12:3.10 : Term of the Unitrust Interest209
  • § 12:4 : Qualified Remainder Interests210
  • § 12:5 : Rulings Applying Section 2702 to Transactions Involving Partnerships211
    • § 12:5.1 : Transfer of Partnership Interests in Trust211
    • § 12:5.2 : Term Interests in Partnership Interests212
  • Appendix 12A : Illustration of Effect of Increases in Term of Trust on Annuity Percentage Necessary to Zero Out GRAT213
  • Appendix 12B : Illustration of Effect of Increases in Section 7520 Rate on Annuity Percentage Necessary to Zero Out GRAT225
Chapter 13: Certain Property Treated As Held in Trust
  • § 13:1 : Introduction237
  • § 13:2 : Leases238
  • § 13:3 : Joint Purchases238
    • § 13:3.1 : In General238
    • § 13:3.2 : Split Purchases and Personal Residence Trusts238
    • § 13:3.3 : Examples239
Chapter 14: Avoiding Double Taxation: Reduction in Taxable Gifts
  • § 14:1 : Introduction242
  • § 14:2 : Types of Transfers242
    • § 14:2.1 : Inter Vivos Transfers242
    • § 14:2.2 : Testamentary Transfers242
  • § 14:3 : Gift Splitting on Subsequent Transfer243
  • § 14:4 : Determining the Amount of the Reduction243
    • § 14:4.1 : In General243
    • § 14:4.2 : Treatment of the Annual Exclusion243
    • § 14:4.3 : Examples243
      • [A] : Example 1244
      • [B] : Example 2244
      • [C] : Example 3244
      • [D] : Example 4245
      • [E] : Example 5245
      • [F] : Example 6245
      • [G] : Example 7246
      • [H] : Example 8246
Chapter 15: Overview and Background of Section 2703
  • § 15:1 : Introduction251
  • § 15:2 : General Rule and Exceptions251
  • § 15:3 : Effective Date252
  • § 15:4 : Background252
    • § 15:4.1 : Significance of Buy-Sell Agreements252
    • § 15:4.2 : The State of the Law Before Chapter 14252
      • [A] : Overview252
      • [B] : Significant Pre-Chapter 14 Case Law253
        • [B][1] : Early Cases: Permissive Approach253
        • [B][2] : Transition Cases255
        • [B][3] : St. Louis and the Shift Towards Disregarding Agreements256
  • § 15:5 : Legislative History of Section 2703259
Chapter 16: Detailed Analysis of the Statute
  • § 16:1 : Key Term: Right or Restriction262
  • § 16:2 : Exceptions to Section 2703(a)262
    • § 16:2.1 : Three-Pronged Test262
    • § 16:2.2 : Majority Ownership by Non-Family Members263
      • [A] : Definition of Family Members264
      • [B] : Rulings Applying Definition of Family Members265
    • § 16:2.3 : “Comparable to Similar Arrangement” Requirement266
  • § 16:3 : Multiple Rights or Restrictions267
  • § 16:4 : Rulings Applying the Three-Pronged Test268
    • § 16:4.1 : Not Subject to Section 2703268
    • § 16:4.2 : Subject to Section 2703268
  • § 16:5 : Case Law: Facts That Met the Section 2703 Requirements270
  • § 16:6 : Substantial Modification270
    • § 16:6.1 : Definition of Substantial Modification270
    • § 16:6.2 : Examples of Substantial Modifications271
    • § 16:6.3 : Examples of Modifications Not Considered Substantial271
    • § 16:6.4 : Rulings Applying Definition of Substantial Modification272
      • [A] : Rulings on Closer Approximation of Fair Market Value272
      • [B] : Rulings on Addition or Substitution of Parties to an Agreement274
      • [C] : Rulings on Reorganization or Change in Form of Ownership Interests276
      • [D] : Rulings on Expansion of Parties’ Rights or Restrictions278
      • [E] : Rulings on Changes to Payment Terms Under Agreements279
      • [F] : Rulings on Stock Splits and Related Amendments282
      • [G] : Rulings on Miscellaneous Changes282
      • [H] : Rulings Finding No Modification284
Chapter 17: Family Limited Partnerships and Section 2703
  • § 17:1 : Introduction285
  • § 17:2 : Descriptions of Deathbed Partnerships286
  • § 17:3 : Position Advanced by the IRS287
  • § 17:4 : The Church Case and Its Aftermath289
  • § 17:5 : The Smith Case: Another Attempt to Apply Section 2703290
  • § 17:6 : IRS Success in Holman291
  • § 17:7 : Continuing IRS Success in Fisher291
  • § 17:8 : RMA Agreements292
Chapter 18: Overview and Background of Section 2704
  • § 18:1 : Introduction299
  • § 18:2 : General Rule300
  • § 18:3 : Origin and Legislative Response300
    • § 18:3.1 : Overview300
    • § 18:3.2 : Estate of Harrison v. Commissioner301
    • § 18:3.3 : Estate of Watts v. Commissioner303
    • § 18:3.4 : Legislative History of Section 2704304
      • [A] : Senate Report304
        • [A][1] : Response to Harrison304
        • [A][2] : Response to Watts305
        • [A][3] : Examples305
      • [B] : Conference Report306
        • [B][1] : Effect of Existing Law306
        • [B][2] : Minority and Other Discounts306
        • [B][3] : Mechanics of Valuation306
Chapter 19: Detailed Analysis of Section 2704
  • § 19:1 : Treatment of Lapsed Voting or Liquidation Rights: Section 2704(a)308
    • § 19:1.1 : General Rule of Section 2704(a): Lapse Treated As Transfer308
    • § 19:1.2 : Valuation Under Section 2704(a): Amount of Transfer308
    • § 19:1.3 : Application to Similar Rights308
    • § 19:1.4 : Examples309
      • [A] : Termination of Voting Rights at Death309
      • [B] : Temporary Partial Lapse of Voting Rights at Death309
    • § 19:1.5 : Definitions310
      • [A] : Control310
      • [B] : Directly or Indirectly Held311
      • [C] : Liquidation Right311
      • [D] : Member of the Family311
      • [E] : Subordinate312
      • [F] : Voting Right312
    • § 19:1.6 : Lapses312
      • [A] : Certain Temporary Lapses312
      • [B] : Source of Right or Lapse313
      • [C] : Restriction or Elimination Is a Lapse313
      • [D] : Certain Lapses with Respect to Subordinate Interests313
    • § 19:1.7 : Exceptions to Section 2704(a)314
      • [A] : Restrictions on Family’s Ability to Liquidate314
      • [B] : Rights Previously Valued Under Section 2701315
      • [C] : Lapse by Reason of Change in State Law315
    • § 19:1.8 : Harrison Scenario Revisited315
  • § 19:2 : Certain Restrictions on Liquidation Disregarded: Section 2704(b)316
    • § 19:2.1 : General Rule of Section 2704(b)316
      • [A] : Examples317
      • [B] : Previously Defined Terms318
    • § 19:2.2 : Applicable Restriction318
      • [A] : Definition318
      • [B] : Exceptions318
        • [B][1] : Commercially Reasonable Restrictions Imposed by Unrelated Persons318
        • [B][2] : Restrictions Imposed by Federal or State Law320
        • [B][3] : Restrictions Subject to Section 2703320
  • § 19:3 : Authority to Broaden Scope of Section 2704(b)320
  • § 19:4 : Effect of Disregarding an Applicable Restriction320
  • § 19:5 : Watts Scenario Revisited321
  • § 19:6 : Section 2704 in Perspective322
Chapter 20: Family Limited Partnerships and Section 2704
  • § 20:1 : Introduction323
  • § 20:2 : Rulings Applying Section 2704(a) to Family Limited Partnerships and Family Limited Liability Companies324
    • § 20:2.1 : Scenario 1324
    • § 20:2.2 : Scenario 2325
  • § 20:3 : Rulings Applying Section 2704(b) to Family Limited Partnerships and Family Limited Liability Companies325
    • § 20:3.1 : Restrictions Held to Be Applicable Restrictions325
      • [A] : Scenario 1325
      • [B] : Scenario 2327
      • [C] : Scenario 3328
      • [D] : Scenario 4328
      • [E] : Scenario 5330
      • [F] : Scenario 6330
    • § 20:3.2 : Restrictions Were Not Applicable Restrictions330
      • [A] : Scenario 1330
      • [B] : Scenario 2331
Chapter 21: Planning Implications
  • § 21:1 : Liability for Transfer Tax When Section 2704 Applies333
  • § 21:2 : Effective Date of Section 2704 and Subsequent Modifications334
  • § 21:3 : Avoiding Family Control Both Before and After the Lapse335
  • § 21:4 : Selection of Entity and Jurisdiction336
  • § 21:5 : Comparison of Entities336
    • § 21:5.1 : Corporations336
    • § 21:5.2 : Limited Liability Companies336
    • § 21:5.3 : Partnerships337
  • § 21:6 : Comparison of State Statutes338
    • § 21:6.1 : Limited Partnership Statutes338
    • § 21:6.2 : Limited Liability Company Statutes342
  • Appendix 21A : Restrictions on Withdrawal in Limited Partnership Statutes347
  • Appendix 21B : Restrictions on Withdrawal in Limited Liability Company Statutes351
Appendix A: Chapter 14: The Special Valuation Rules (Complete Text)
  Table of Authorities
  Index

  Please click here to view the latest update information for this title: Last Update Information  
 


  Please click here to view the Table of Authorities: Table of Authorities  
 

Share
Email
UPKEEP SERVICE
Your purchase will also sign you up for “Upkeep Service,” whereby you will receive future automatic shipments of updates, new editions and supplements to this edition, as they become available, for a 30-day preview. Updates, new editions and supplements published within 90 days of your purchase will be issued free of charge; all other updates will be subject to an additional charge if kept beyond the preview period, invoiced at the time of delivery. This service will continue until canceled by you at any time. See here.

  • FOLLOW PLI:
  • twitter
  • LinkedIn
  • GooglePlus
  • RSS

All Contents Copyright © 1996-2017 Practising Law Institute. Continuing Legal Education since 1933.

© 2017 PLI PRACTISING LAW INSTITUTE. All rights reserved. The PLI logo is a service mark of PLI.