Deferral and Installment Payment of Estate Taxes

Deferral and Installment Payment of Estate Taxes

by Richard C. Wilson & Family Offices Group Association Team

Family Office Definition: Deferral and Installment Payment of Estate Taxes

Deferral and Installment Payment of Estate Taxes definition:  Family businesses may qualify for IRS code section 6166 which allows deferring estate taxes for a number of years.  The family business must meet IRS qualifications and the business may not be sold or transferred to non-family members.

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