Family Office Fridays: Estate Liquidity Planning for Owners of Closely Held Businesses

Often a key reason that a closely held business does not successfully pass to future generations is insufficient liquidity tax planning for the original owner’s estate. Despite their best efforts to reduce expected estate tax liability before death, it is rarely possible to avoid such liability altogether. Advance consideration should be given to planning for the payment of the estate’s tax liability, among other estate expenses. Furthermore, with a planned reduction in the lifetime exemption looming, and with the possibility of further increases in taxes associated with a taxpayer’s death on the horizon, it is now as important as ever to consider planning in this area. 

Please join KPMG LLP for a webcast with professionals from our Washington National Tax practice that will discuss select considerations in addressing tax efficient liquidity planning for a decedent’s estate:

• Life Insurance and Irrevocable Life Insurance Trusts
• Section 6166 Deferral of Estate Tax Due
• Graegin Loans
• Section 303 Redemptions
• Buy / Sell Agreements

Please join us for what promises to be an insightful and informative webcast.