Article
Michigan Probate & Estate Planning Journal, Spring 2025, Vol. 44

Core Concepts from Connelly: What Is It All About, and What To Do Now

Business & tax and estate planning attorney, J.V. Anderton, published an article in the Spring 2025 edition of the Michigan Probate & Estate Planning Journal regarding the Supreme Court case Connelly
v United States. 

On June 6, 2024, the Supreme Court of the United States issued its opinion in Connelly v United States, and simultaneously brought some clarity and caused a lot of hand-wringing to the portion of the bar that works with closely-held companies. The key issue in Connelly was whether the corporation’s obligation to redeem the shares of the majority shareholder after his death was a liability that decreased the value of those shares, with a unanimous court holding that it does not.

See the full article in the Spring 2025 issue

Jump to Page

Foster Swift Collins & Smith PC Cookie Preference Center

Your Privacy

When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences, or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use Cookies, please see our Privacy Policy.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Performance Cookies

Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek