The Hidden Tax Traps Inside Illiquid and Unique Assets
Strategic Succession: Bridging Governance and LegacyShow Notes
Illiquid and unusual assets often carry tax risk that families do not see until planning is already under pressure.
Episode 17 explores the hidden tax traps inside collections, real estate, closely held businesses, and other nontraditional assets. Valuation uncertainty, lack of liquidity, embedded capital gains, trust tax inefficiencies, multi-jurisdictional exposure, and missed planning windows can all materially change outcomes if they are not addressed proactively. This episode explains why tax planning for unusual assets has to be matched to the asset itself instead of relying on generic transfer strategies.
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