Collective and Valur partner to turn unicorn employee stock into lifetime income
NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Collective Liquidity, Inc. and Valur Inc. today announced they are now working together to enable employees to use their illiquid unicorn shares to create a lifetime of annual income .
- NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Collective Liquidity, Inc. and Valur Inc. today announced they are now working together to enable employees to use their illiquid unicorn shares to create a lifetime of annual income .
- The employee first exchanges shares tax-free for a limited partnership (LP) interest in Collective’s Exchange Fund.
- The employee then contributes the LP interest into a Valur charitable remainder trust.
- We are very pleased to be offering them to unicorn employees alongside our suite of integrated wealth management solutions.”