This article examines the effects of recent enactments upon the methods of transmitting interests in a closely-held corporation. Because the tax consequences will frequently vary depending upon whether the corporation is a C corporation or an S corporation, a brief description of each form precedes the discussion of the relevant tax consequences. The tax consequences, which will be discussed thereafter, involve interrelated questions: which consequences are involved, and who will bear their brunt? Because nontax considerations also influence the timing of stock transfers, the discussion will address them as well.
Levin Richmond, Gail
"Is the Will the Way? Transmitting Interests in a Family Corporation,"
Akron Tax Journal: Vol. 1
, Article 4.
Available at: https://ideaexchange.uakron.edu/akrontaxjournal/vol1/iss1/4