Updated

Updated · Wealth Management · Jun 17

Evercore Wealth Management Schedules July 23 QSBS 2.0 Webinar After OBBBA Changes

Updated

Updated · Wealth Management · Jun 17

Evercore Wealth Management Schedules July 23 QSBS 2.0 Webinar After OBBBA Changes

Q: What early-stage mistake can disqualify a founder from the new $15 million tax exemption on their company stock?

The most common early-stage mistake is issuing or holding the stock before the company is a domestic C corporation. Under the expanded QSBS rules discussed in the webinar, only stock issued by a qualifying C corporation can access the new Section 1202 exclusion of up to $15 million per issuer for shares acquired after July 4, 2025. If a founder starts the business as an LLC or S corporation and receives equity before converting, those shares generally do not qualify. That mistake is especially costly because QSBS eligibility is largely set at issuance. The stock also must be acquired directly from the company at original issuance, and the company’s gross assets must be no more than $75 million immediately before and after the shares are issued. If the company is already above that threshold when the founder receives the stock, the exemption is lost for those shares. The company’s business line matters as well. If it operates in an excluded field such as many professional services, finance, banking, insurance, farming, or hospitality, the stock can be disqualified. Certain stock redemptions around the issuance date can also taint eligibility. The practical takeaway from the estate-planning discussion is that QSBS planning must begin at formation, not near an exit. A wrong entity choice or poorly structured early issuance can permanently block access to the new $15 million tax break.

1 articles · Updated · Wealth Management · Jun 17

July 23 at 3 p.m. EDT, Evercore Wealth Management will host a one-hour “QSBS 2.0” estate-planning webinar focused on large estates and post-OBBBA tax-planning opportunities.
The session will explain qualified small business stock rules under Section 1202 and how the One Big Beautiful Bill Act changed planning options for ultra-wealthy founders and families.
Evercore said the program will cover stacking multiple capital-gains exclusions among family members and using non-grantor trusts to protect beneficiaries and reduce state income taxes.
The webinar will also examine drafting challenges for non-grantor trusts versus more common irrevocable grantor trusts, with continuing-education credits pending approval.

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Wealth Management1d ago

Evercore Wealth Management to Host QSBS 2.0 Estate Planning Webinar on July 23, 2026

How can families legally stack trusts to multiply the new $15 million tax-free gain exclusion?

What early-stage mistake can disqualify a founder from the new $15 million tax exemption on their company stock?

As federal law creates a major tax break, why are some states now choosing to tax those same gains?

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1 total

Wealth Management1d ago

Evercore Wealth Management to Host QSBS 2.0 Estate Planning Webinar on July 23, 2026

Evercore Wealth Management Schedules July 23 QSBS 2.0 Webinar After OBBBA Changes

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