This CALU Report is the second of our two-part series on post mortem tax planning for individuals who own private company shares at death and the benefits of corporate-owned life insurance. Written by Hemal Balsara and Jeannie Lim, the publication discusses the situation of an individual shareholder who owns fixed-value preferred shares of an operating company including the tax consequences arising from three planning scenarios.
Part I of this CALU Report published in March 2025 dealt with an individual who owns common shares of an investment corporation at death.
We extend our thanks to CALU’s Tax Advisor, Kevin Wark and CALU members Florence Marino and Bryan McNulty for their review of this publication.
