Author: 453 Deferred Sales Trust Powered by Pennington Law

Many wealthy individuals and business owners know that deferred sales trusts are a legal strategy for managing capital gains taxes from business or asset sales. Although a deferred sales trust can offer significant tax advantages, these tools also have challenges or downsides. Some of them may require asset sellers to consider the suitability of DSTs […]

Several tax tools allow property owners to manage the tax implications of selling real estate that has appreciated. Two examples are the 1031 exchange and the deferred sales trust (DST). Before deciding whether either tool is right for you, it’s important to understand the key differences between them. It can be helpful to consult an […]

For years, wealthy individuals and families have known the benefits of deferred sales trusts – something our law firm likes to call “The Tax Tool You Didn’t Know You Had.” Although DSTs allow individuals to defer paying capital gains taxes when selling appreciated assets, these trusts also offer other financial and legal benefits, including flexibility in […]

When selling an investment property, you may worry about giving up some of the gains you’ve realized from your investment to capital gains taxes. Property owners have various legal strategies that may allow them to mitigate or manage their capital gains tax liabilities from selling their properties. Contact 453 Deferred Sales Trust Powered by Pennington […]

Are you conducting a real estate transaction? If so, you might wonder whether you need a real estate lawyer or a real estate agent to protect your rights and financial interests. Here’s what you need to know about the differences between these two types of real estate professionals. What Does a Real Estate Attorney Do? […]

A deferred sales trust (DST) under Internal Revenue Code §453 (IRC) can be a powerful tool for deferring capital gains taxes on selling highly appreciated assets. However, not all assets qualify for installment sale treatment under the IRC, and using a DST with an inappropriate asset can trigger adverse tax consequences. What Makes an Asset […]