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Balance sheet adjustment
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JonSCKs
Posted 12/24/2024 06:09 (#11023546 - in reply to #11023520)
Subject: Probably the most under appreciated component in estates


Brandon SWIA - 12/24/2024 05:46

Deferred tax liability in general is a huge unstated liability on most balance sheets.


This will be THE sticky issue for estates.  Ask me how I know.  Good luck explaining it to the non farming heirs.

”Why don’t we just sell the ground it’s worth X.”  is it? In a family held Corp?

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