
Estate tax relief for family businesses
$225.00
Description
Abstract: If a substantial portion of a person’s wealth is tied up in a family or closely held business, he or she may be concerned that the estate will lack sufficient liquid assets to pay estate taxes. If that’s the case, heirs may be forced to borrow funds or, in a worst-case scenario, sell the business in order to pay the tax. This article explores how an estate tax deferral may be an option.
Additional information
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