FFP has the Experience!
Forced sales are nothing new to the planners of FFP Wealth Management. We have helped shareholders of Medtronic, Guidant, and many other companies lower the tax bill resulting from mergers and inversions.
The merger will treat St. Jude stock owners as though they voluntarily elected to sell their shares. How much tax will you have to pay? A simple percentage rate could grossly underestimate the total tax due. FFP can use their Tax SuperSheet® to give you an accurate assessment of the total tax cost of the merger before the merger is executed. In addition, the advisors can use the Tax SuperSheet® to clearly illustrate strategies that could lower your taxes dramatically. No one is certain if the merger will occur in 2016 or 2017. The most benefit can typically can be derived by taking action now that could allow you to exercise planning options over two tax years . Planning options must be implemented before December 31st!