This presentation provides a synopsis of the issues to address and the decisions and actions you need to take in considering when and how to deal with consolidation. Topics covered include:
- client case diagnostic
--- can you consolidate?
--- do transition concessions apply?
--- will consolidating be beneficial? (past and future losses, dividend flows, restructures, step-up in basis)
--- what traps exist (capital gains, losing or reducing basis, WIP)
- how to approach a BOTE (back of the envelope) calculation
--- where are the assets?
--- how were they funded?
--- where is the value?
--- where is the tax basis?
- case studies.