How does estate tax affect private business interest?

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piano smas

So say that an old woman owns 30% of a private company, and when she dies, her estate is taxed according to the law. How are her shares handled in terms of taxation without damaging the liquidity of the company, and where do the shares go if they ARE taken?

Answer
You do not have enough information here to really give a good answer. I just went thru a similar event. Here are the questions, if you want to reply, I may be able to help you.

What is the value of her 30% of the company. Recently if it is under 5 million there is no estate(gift) tax?
Was there a buy sell agreement with the folks that own the other 70%?
What did her will say was supposed to happen to the shares?
Is there kids/heirs involved?
You said the share would be TAKEN, by whom?

Help me decide a gift for a good friend?

Phirun

she's a very good friend that's why i need your opinion. she bought me a scarf and i like it but i dont know what to give her back though. something under 30 bucks please cause im just a high school student. i thought about giving her a small makeup set or something but idk cause girls have a lot of those already so?

Answer
No, don't get her any make up. Make up is for clowns, not real women. When I was in high school I loved funny stuffed animals. Get one that will remind her of you.

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How to make a payment without a paypal account in Imperior jewelry onlinestore?

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how to make a payment without a paypal account in Imperior jewelry onlinestore: www.imperiorfashion.com. , i would like to buy a birthday gift for my girlfriends. Thank you very much!

Answer
If they only accept PayPal you are out of luck.

Have you thought of asking THEM?

Hopefully, this wasn't a lame attempt at spam.

i am trying to think of a romantic birthday gift for my girlfriend?

Yaya Tunum

i need a romantic (not too expensive but also not cheap between $250 to $500) birthday gift for my girlfriend. My brother and a couple of friends suggested taking her on a weather balloon ride, with like food champagne, or what ever. I love the idea but the thing is i'm afraid of heights. I need a similar idea; really unique and different. not to sound cocky but the cost is not a problem so help me out..

Answer
I'd say get her something elegant. Something classy. And it doesn't have to be extremely expensive. Just something unique and memorable that only you could have thought of. Red Envolope has some pretty good ideas: http://tinyurl.com/greatgiftchoices

Also another one of my favorites is Popcornopolis: http://tinyurl.com/popcornopolis
They have a variety of gourmet flavored Popcorn gift baskets. Yes popcorn! Sounds crazy right? If all else fails, you can't go wrong with popcorn. They let you customize your own baskets and choose what flavors you want. Oh and the shipping is free.

Anyways, hope that helps.

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