Transfer (as gift) of private company stock from one family member to other. New York exemption. Filing with NY State agency as a transferor
1 Answer from Attorneys
What is the question?
Issues to consider: is the stock properly valued (FMV)? What are the relations between the family members? Will the receiving family member will also work at the company? Have the corporate formalities and any stock transfer restrictions been properly addressed?
Feel free to reach out if you have any questions
Roman R. Fichman, Esq.
www.TheLegalists.com │ @TheLegalist
email: Info (@) TheLegalists (dot) com
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