A(n)________ Attempts to Minimize Taxes on a Family Business Passed

Multiple Choice

A(n) ________ attempts to minimize taxes on a family business passed from one generation to the next by creating two classes of stock-one for the parents (preferred stock) ,whose value is locked in,and another for the children (common stock) ,whose value reflects the market value of the business.

A) grantor-retained annuity trust
B) estate freeze
C) trust
D) buy/sell agreement