Business Exit Strategies Series

The What, Who and Why of 1202 Strategies

Guest: Lara Sass
Lara is the founder of the firm and specializes in advising high net worth clients on lifetime and post-mortem strategies to reduce gift, estate and generation-skipping transfer (GST) taxes on transfers of property, as well as trust and estate administration.

June 14, 2022
Today’s episode of Legal Visionaries covers the topic of Section 1202 Strategies in estate planning.  Our host Mary Vandenack, CEO, Founder and Managing Partner at Vandenack Weaver Truhlsen talks to Lara Sass, an estate planning attorney in New York City serving a high-net-worth clientele, about the IRS code itself, the benefits for founders and investors of small businesses, requirements for exclusions, 1202 “stacking” and when to start the planning process.  Listen in to today’s episode to learn ways you can take advantage of these strategies for yourself or your clients.