Rinald Tax Advisory Inc

Privately Held Companies

Planning to Minimize Double-Tax Exposure upon the Death of a Shareholder

A double-tax exposure exists for beneficiaries of an estate that holds appreciated shares of a private company. We can assist with planning that, if undertaken within the first taxation year following death, can minimize tax to the estate and ongoing exposure to double taxation. If this planning is provided for during the shareholder's lifetime, the complexities arising upon the death of the shareholder can be greatly reduced.