I am executor for an estate that that holds shares in a family trust. Some of these shares have been held for 10-15 years and have accrued significant capital gain. Can people give me an idea of the kinds of ways of dealing with capital gains tax as the assets are liquidated and the proceeds distributed? Ultimately the proceeds will be divided 4 ways equally - I wish to minimise the impact of the CGT.
I am not asking for financial advice just a few general ideas and maybe links to some useful reading on this as I am not particularly savvy in these matters. BUt I do wish to have some knowledge before talking with the accountant etc.