Income, Gift, & Estate Valuation for Family Business Succession Planning

The trusted advisors at Cendrowski Corporate Advisors can help you tackle the complexities of succession planning, gift, and estate valuation, along with all tax reporting. We are here to create solutions tailored to your needs while defending against scrutiny from the IRS.

Succession Plans - Income, Estate, and Gift Valuation

Having a succession plan in place for your business—one that includes income, gift, and estate valuation—is vital to every private enterprise and inevitably proves beneficial to both owners and employees.

The Cendrowski Corporate Advisors valuation team can help ensure that your succession plan provides fiscally advantageous and tax-efficient strategies.

When we work with an organization to create a succession plan, we begin by conducting required analyses of income, estate, and gift valuations. Then, we recommend options best suited to the business and its unique circumstances. These could include traditional methods of transferring ownership like gifting or selling to a third party, or alternative structures. For example, selling to an employee stock ownership plan, or ESOP, allows owners to retain control of business decisions and operations while protecting the employment of valued workers.

What Is an ESOP Succession Plan?

An ESOP succession plan beneficial to both owners and employees can be an effective succession planning solution, or a qualified retirement plan. Selling to an employee stock ownership plan (ESOP) allows owners to retain control of business decisions and operations while protecting the employment of valued workers.

CCA_CaseStudy_06
Client Success: Estate Valuation for Tax Efficiency

Cendrowski Corporate Advisors performed a valuation of a property management company and accompanying side business activity for estate tax purposes. We were invited to attend meetings regarding the next generation. Our specialists recognized severe shortcomings in the estate tax planning and its impact on the existing entities outside of the scope of the engagement. We discovered a shortfall in the valuation of a real estate appraisal, federal tax returns filed for numerous partnerships that omitted proper step-up in basis at several entity levels, and the first estate income tax return had classified an ordinary loss as a currently unusable passive activity loss. Further, there was an overstatement of revenue. Due to our diligence, corrections were made, resulting in a substantial reduction in annual income taxes on a future sale and a cash tax savings annually for several years of approximately $500,000.

InContext Advisors and Cendrowski Corporate Advisors

InContext Advisors and Cendrowski Corporate Advisors Forge Strategic Partnership to Elevate Wealth Management Services Joining Forces to Provide Unparalleled Expertise in Governance, Financial Planning, and Tax Strategies Tailored for High-Net-Worth Clients CHICAGO, April 30, 2024: InContext Advisors, LLC, an Independent Multi-Family Office, and Cendrowski Corporate Advisors (“CCA”), a Family Office Tax Structuring and Compliance Services […]

Read More
cendrowski shorts

The Benefit of the Long View

In this video, Harry Cendrowski uncovers the critical importance of long-term investment strategies over short-term gains as he talks about the repercussions of hasty decisions that are sometimes made around investments.

Read More
cendrowski shorts

What Happens When You Get to the Point of Illiquidity

In this video, Harry Cendrowski explores the intricate dynamics of family office investments and the complexities that arise when liquidity issues impact partnership structures. More specifically, there are specialized firms offering buyout opportunities for family offices facing liquidity constraints, reshaping the landscape of private investments.

Read More

Let's Collaborate

Opportunities don’t happen, you create them. The same is true for well-informed business decisions.

How can we collaborate with you and your team?

Cendrowski Corporate Advisors needs the information you provide to us to contact you about our services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.

* indicates required fields

Scroll to Top