How the Tax Code Shapes Your Inheritance of a Family Business

When you inherit a family business, the tax code can be your best friend or your worst enemy. This episode drills into the specific mechanics of the Section 6166 installment payment election for estate tax on closely held businesses, using the example of a $15 million manufacturing company in Ohio. Lucas and Luna walk through how the election works, the interest rate structure (2 percent on the first $1.8 million — linked to the $26 million estate tax exemption in 2026), and the five-year deferral followed by 10 annual installments. Then they hit the trap: the 'acceleration events' that can blow up the deal if the heirs sell assets or take too much cash out. A concrete, numbers-driven look at a tax provision that can keep a third-generation business alive — or sink it. #Section6166 #EstateTax #FamilyBusiness #TaxCode #SmallBusiness #Inheritance #CloselyHeldBusiness #AccelerationEvents #EstatePlanning #OhioManufacturing #BusinessSuccession #TaxPolicy #Economics #BusinessPodcast #FexingoBusiness #TaxStrategy #IRS #LiquidityCrisis Keep every episode free: buymeacoffee.com/fexingo