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Robert W. Finnegan Published in April 2019 Trusts & Estates

We are pleased to announce that the following article by Robert W. Finnegan, J.D., CLU®, AEP®, was recently published in the April Trusts & Estates.

 IRC Section 6166 Revisited A way to avoid a forced or fire sale of a closely held business to pay taxes

Code §6166 allows a decedent who was a US citizen or resident at the time of death to defer estate taxes attributable to a closely held business.  This article takes an objective look at the requirements, limitations and pros and cons of Code §6166 as well as how life insurance can complement its use.


Trusts & Estates is the pre-eminent, peer review journal and website for wealth management professionals serving the needs of high-net-worth clients, family business owners, family offices, charitably inclined donors and non-profit corporations. Click here to learn more about Trusts & Estates.

Bob Finnegan is the Senior Vice President, Advanced Planning Attorney for Highland Capital Brokerage and a member of the Trusts & Estates magazine Insurance Committee. At Highland, Bob specializes in advanced planning for high net worth and ultra-high net worth clients. Bob can be reached at 518.424.8928 or


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