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A person in a business suit uses a magnifying glass to examine financial documents, likely invoices, illustrating strategies for deferring capital gains taxes.

When you sell an asset that has appreciated under your ownership, you may not want to give up some of the wealth you’ve built to capital gains taxes. However, asset and business owners may have legal options for deferring or mitigating the capital gains tax liability from selling their property. At 453 Trust Powered by […]

A real estate transaction is being finalized, with two individuals reviewing documents, a calculator, and a house key on a dark table.

Many wealthy individuals and families can use deferred sales trusts as a means of mitigating the tax consequences of selling high-value assets. However, properly setting up a deferred sale trust requires experienced legal counsel. The DST attorneys at 453 Trust Powered by Pennington Law can help you create a deferred sales trust suited to your […]

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Many high-value asset owners know about tax strategies that allow them to manage the tax implications of asset sales. One common legal strategy derived from IRC 453 is the provision of the Internal Revenue Code related to installment sales. Leveraging the benefits of IRC 453 requires careful legal planning. The attorneys at 453 Trust Powered […]

The person, wearing a dark-colored blazer, is holding a white calculator with their hands. They are focused on the calculator, their hands positioned over the number keys. A silver pen rests in their hand.

You may have to pay capital gains taxes when you sell an asset that has gained value during your ownership. Knowing how to calculate capital gains tax can help you understand your tax burden from an asset sale and evaluate legal strategies that may manage or mitigate your capital gains tax liability. Contact 453 Trust […]

A businesswoman is reviewing financial data on her laptop and calculator, likely strategizing on how to avoid capital gains taxes when selling stocks.

Although selling securities investments for profit can help you grow your wealth, capital gains taxes can reduce some of the value you’ve accrued while owning stock. However, various legal and financial strategies can help you manage or mitigate taxes from stock sales. The legal team at 453 Trust Powered by Pennington Law can help you […]

The image depicts a person engaging with a calculator, likely calculating figures related to tax-efficient exit strategies for business owners nearing retirement. The setting appears to be indoors, possibly at a desk, where the individual is also using a laptop.

Are you a business owner nearing retirement? If so, it’s time to consider exit strategies that can help you sell or transfer your business interests in a tax-efficient manner, preserving more of the wealth you’ve worked hard to create. What Strategies Can Minimize Taxes on Your Business Sale? Here are some strategies that may help […]

A woman in a black business suit sits at a wooden desk, looking at papers and a laptop. The laptop screen displays bar graphs. A tablet computer rests on the desk in front of her. The background includes a white board with various charts and graphs, and greenery.

Understanding capital gains taxes from a property sale and the legal strategies you can pursue to manage tax liabilities from selling an asset can help you preserve the wealth you’ve built in your property. Although you may have heard of using a 1031 exchange to defer capital gains tax from real estate sales, do you […]

A businesswoman confidently delivers a presentation to a captivated audience, who applaud her insightful financial data.

For years, investment asset owners have used various legal strategies to manage or mitigate capital gains taxes from selling their property. These include utilizing deferred sales trusts (DSTs) and 1031 exchanges. Each strategy has advantages and disadvantages that may suit a person’s particular financial needs and goals. Working with an experienced attorney can help you […]

A person is pointing at a clipboard that has information related to Deferred Sales Trust problems. The scene takes place indoors, likely in an office environment, featuring various office supplies and equipment such as a laptop and computer on the desk. The individual is dressed in office attire.

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 […]

A man and woman in formal suits are observing a clipboard, suggesting they are reviewing important information or documents. The setting appears to be indoors, likely in a business environment. They both display professional attire indicative of their roles as businesspersons.

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 […]