Qualified small business stock (QSBS) presents an important estate and tax planning opportunity, especially for high net worth individuals (HNW) and business owners. Understanding the intricacies of QSBS under Section 1202 of the Internal Revenue Code allows for strategic planning to improve financial results, namely, reduced exposure to income tax and estate tax liabilities. Let's review the definition, benefits and planning strategies associated with QSBS. Through a detailed examination of