Skip to main content
Michael Lundon

Michael Lundon

Michael "Mic" Lundon, CEPA®, J.D., is Co-founder and Managing Director of Evertern Wealth, a Naples, Florida wealth management and family office firm.

Sep 23, 2026

7:20
What's the tax conversation that needs to happen before the letter of intent?
7:25
Well, it's got to be before because the IRS doesn't like it even within six months.
7:30
If there's not a letter of intent, if there's a strong sense that it's going to sell, IRS doesn't care about that.
7:36
So there's things you could talk about.
7:38
A, it's a dual conversation between the estate planning and the tax planning because we got to take advantage of gifting if we want next generations to be part of this transaction and get that growth outside of your state.
7:50
So that's a big one right there.
7:52
The second thing is, What type of company, how are you formed? If you're a C-corp and you're original issuance stockholder for five or more years, you can take advantage of the qualified small business stock provisions and you may be able to completely get rid of a good chunk of your gain.
12:00
What's your biggest challenge now? Just finding

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.