My partner and I are sole employees of a small sales brokerage firm. He lives in Ohio and our firm is an S-Corp in Illinois. I want to leave the firm to seek a new opportunity. We are an extremely small firm with a small cash reserve. As a gesture of human compassion for my partner who is facing some large personal issues, I want to give him our cash reserve to assist him after I leave. I want to shut down our corporation and bank account. What is the best method to do that so I incur the smallest personal tax consequence? Can I simply write him a check for the cash balance in our corporate bank account? Should I have a final regular payroll check with all the usual tax deductions etc. sent to him? What is the best way to legally execute my intentions? Thank You.