CHALLENGE

A transfer of wealth from an aging parent to two siblings without paying unnecessary capital gains and estate taxes, thus retaining a maximum amount of family wealth.

ACTION

Assembled and led a team of professional advisors representing the investment, legal and tax industries to advise the family from all angles. Discussed and cross-checked all possible solutions prior to implementation.

RESULT

A successful transition of wealth comprised mostly of common stock with a high degree of emotional attachment without subjecting the client to an unnecessary tax burden. (e.g. another happy client).