As time passes the shareholders of many privately owned corporations find it desirable to restructure their holdings but minimizing your tax exposure on non-arm’s length transfers of assets. The commercial law group at Waterous has worked with many firms of accountants to help design and then document tax- advantaged roll-overs of assets between shareholders and their corporations, or between corporations. Sometimes these are carried out for estate planning purposes and sometimes to achieve the rational re-location of different forms of investment in separate purpose-built corporations.
Should shareholders wish to go their separate ways or retire then we can help perform corporate surgery by designing, with the help of the accountants, and carrying out so-called butterfly transactions or estate freezes. This is often a perfect method of dividing a single enterprise between family members or between shareholders wishing to run their own show. Waterous can also help assist your business with:
- Butterfly Transactions
- Estate Freezes
- Corporate Amendments and varying authorized shares