An estate in New Jersey consisted of a variety of assets including the large multi-million home that was designated farm land. If the land were sold there would have been significant tax consequences for the beneficiaries. We structured a $4 million, three year “Graegin” loan that enabled the executor to minimize and meet taxobligations and also provide liquidity for some of the beneficiaries.
Estate Liquidity Loan – case 3
Published On - September 2, 2020
