Corporate Executive & Sophisticated InvestorJuly 9, 2021 6:43 am
A C-Suite Executive’s company was recently acquired by a new parent and generated a liquidity event in excess of $100 million. The anticipated income tax liability was in excess of $24 million.
There were additional stock grants that were to be issued for several years beyond creating a multi-million dollar tax liability annually.
Further, we structured a tax-efficient retirement income and charitable giving plan that maximized the benefit for the causes that the family supported annually – and reduced their projected estate tax liability (at death) by more than $174 million.