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Nightmare inheritance
I have a client who willed his company to his son. However, the company has done nothing but hold investments for the last several years (at least five years, looking at the history), and the son only found out about it in reading the will. I haven’t dealt with this kind of thing before, so any advise on how to proceed would be appreciated. This looks like a tax nightmare to me right now.
@Laurie You might like to read this thread and see if any of this applies