According to a BNY Wealth survey, 45% of professional advisors say their clients spend too little time on tax and wealth transfer planning. Michael Paulus, founder of PCM Encore, said he left hundreds of millions of dollars on the table when selling his business Assurance IQ for $2.4 billion in 2019, recommending that planning start two to three years before going to market. The One Big Beautiful Bill Act raised the QSBS exemption to $15 million for stock issued after July 4, 2025, up from $10 million. The same legislation allows individuals to transfer up to $15 million during life or at death without paying federal gift or estate taxes. Experts recommend checking QSBS eligibility, gifting minority stakes with discounts before any offer, donating stock well in advance, and establishing a new tax domicile carefully.
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