KEYS presentation: The Inevitable – Death & Taxes
January 13, 2021 @ 7:00 pm - 9:00 pm
Please RSVP by Dec 31 to firstname.lastname@example.org.
Amy passes away without a current will. This causes conflict amongst her 2 children who have different opinions on what should happen to the business. We will look at what being an executor entails, the steps that need to be taken, the impact of naming 2 siblings as executors as well as potential exit strategies that could have been implemented to minimize conflict. We will also walk through taxation at death (the timelines and requirements) as well as the use of insurance to support the business and family in difficult times.