How Do You Recapitalize As A Corporation?
There are plans to protect your major stock assets from maximum taxation upon your death. Making gifts of stocks is just one way to protect your estate from taxation. Recapitalizing as a corporation can help minimize tax consequences in your portfolio. Read on to learn how to recapitalize as a corporation. Learn about recapitalization and its tax-free advantages. The assumption that all recapitalization is tax-free is incorrect. Create a restructure plan with your attorney and financial adviser. Consult with your business partners and decide whom you want to bring into the company. Calculate the strength of your business reputation. Many times new names on the letterhead hurt a business. Select the assets you want to bring to the new corporation. This is an opportunity to leave bad employees and investments. Unite key employees with recapitalization. Retention makes a company stronger. Study the tax law and decide the best path for your company. A family-owned business is has its risks
