Ian Bryzek, CPA
Selling an inherited business interest
A business-interest sale requires entity records and a qualified business valuation professional.
A family cannot use a residential appraisal to establish the value of a company interest.
Obtain governing agreements, financial statements, and valuation work from the appropriate business professional.
What to keep with the file
Obtain governing agreements, financial statements, and valuation work from the appropriate business professional.
What to gather
- The source documents closest to the transaction
- A dated list of what happened after death
- Statements, invoices, or correspondence that explain the entries
Who usually handles what
- Ian can help identify the tax records and reporting questions.
A practical next step
Make a short timeline and mark any fact that still needs support.
Related guides
This general information is not tax or legal advice. The answer depends on the documents, ownership, timing, and facts of the particular matter.