When individuals count on an estate they have created over the years without analyzing the future of any property included in such estate, it is convenient to evaluate the effects and approach of taxes paid on the resources from such estate in order to optimize administrative, financial and tax costs resulting from such resources’ management.

 

On the other hand, if there is a plan to perform new activities, it is also necessary to evaluate the best means to carry out such new activities in order to avoid incurring in any undesired costs and tax payments at the moment of transferring such estate to the new activity.

 

It is convenient to mention that in the case of individuals, there is the possibility that any losses from investments in Mexico or abroad, even from property or stock sale transactions, can be applied against any earnings obtained from other type of activity.  This is why it is necessary to prepare and keep any documents relating to every transaction.

Ultimately, it is emphasized that resources from both the original activities and new activities should be classified, from an estate perspective, according to their purpose bearing in mind the possibility of inheriting or bequeathing such property and resources to third parties, and trying to maintain meanwhile the safety of any earned returns.

 

Our support for these matters is oriented to analyze the most economical way of transferring resources either to such new activities or the final consignees in order to reduce any possibility of incurring in undesired costs and bear in mind such resources’ ultimate possible future.