Working within the DLOM ambiguity This review examines the impact of volatility as a risk factor in the discount for lack of marketability (DLOM) and answers questions regarding the flexibility of adjustment periods. ...

It’s Prime Time for Estate Planning Market volatility may be tough on the nerves, opines the Wall Street Journal, but it could be a boon for wealthy families looking to shelter assets from taxes while helping their children.  Here’s how to  devise strategies on discounts, GRATs, and loans.  Additional advice:  take advantage of low interest rates and exploit the federal gift-tax exemption. ...