people icons with chat speech bubblesSummer is officially over in the Northwest and Davis Wright Tremaine's family-owned business programming is back to work.  This fall our Portland office is going to handle the most talked-about topic in succession planning - proposed treasury regulation 2704.  If enacted as proposed, the new regulation could reduce or eliminate certain discounts that families have relied on for decades in transferring business interests to the next generation. The impact is not yet clear, but we have assembled several experts to help answer the two most pressing questions:
  1. What would the new regulation mean to my business (or my client's business)?
  2. What do I have to do and should I be doing it immediately?
On November 3, 2016, we will be hosting the next session of our Family Business Study Group series at the Multnomah Athletic Club.  Pacific Family Business Institute's Mark Green, Perkin's & Co.'s Keith Meyers and Davis Wright Tremaine's Maggie Vining will all offer their insights into proposed treasury regulation 2704. And on November 16, 2016, the next session of our Family Business Legacy Series at the Arlington Club in Portland, will address the same topics. (Please note that the Family Business Legacy Series is intended only for family business owners and operators and we kindly ask service professionals and others not to register.) Please join us for discussion on this current and important topic.   Drew Steen is a business transactions attorney at Davis Wright Tremaine, LLP. He represents both buy-side and sell-side clients in mergers and acquisitions, venture capital investments, joint ventures, equity co-investments and restructurings. He also serves as regular corporate counsel for several closely-held and family-owned companies. Drew can be reached via email at or directly at 206.757.8081.