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Trust & Estates: Custom Bond Valuations

Dr. Michael Piwowar and co-author Barry A. Nelson published their article "Custom Bond Valuations Can Save Clients Money" in the May 2008 issue of Trusts & Estates, the monthly journal for estate planning and wealth management professionals. They explain why individuals who use standard bond valuations based on institutional prices are paying unnecessarily high estate taxes. They show how custom bond valuations for estates containing retail-sized bond positions can generate significant estate tax savings.

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