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Deferred Sales Trust

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  • Deferred Sales Trust

    I'm in the process of considering a practice sale. I'm trying to reduce how much of the sale amount goes to pay long term capital gains tax and came across the deferred sales trust. Anyone have experience with it or used it for a practice sale? Pros/Cons?

    Thanks in advance!

  • #2
    I’m not a fan of tax “ideas” being sold by financial guys and gals. While I doubt you will find a lot of takers on this forum, I’ve been wrong before, I’d point you and any other interested parties to this (slightly cynical) article by Forbes tax contributor Peter J. Reilly. (He sounds like someone I’d like to have a drink with sometime, along with spiritrider and maybe a few more participants here😎.)
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