What to keep in mind
Document transfers, consideration, approvals, valuation, financing and relevant estate-planning consequences.
Informal transfers can create later disputes among heirs or tax and registration problems.
Distinctions often confused
A gift of shares and an arm's-length sale have different legal consequences.
Frequently asked questions
Can family members transfer shares among themselves?
Usually, subject to company restrictions and applicable law.
Should tax and inheritance advice be coordinated?
Yes, before the legal transfer is executed.
Informational content. It is not a substitute for professional advice.