Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Friday, 04.18.2014
Classifieds
News Archive
Su Mo Tu We Th Fr Sa
 1  2  3
 4  5  6  7  8  9  10
 11  12  13  14  15  16  17
 18  19  20  21  22  23  24
 25  26  27  28
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Feb 09,2007
National expert unveils improved capital gains tax deferral alternative to now defunct private annuity trust
by Bend Weekly News Sources

As of October 18, 2006 the popular capital gains tax deferral tool the Private Annuity Trust (PAT) has been deemed obsolete by changes in tax regulations. Businesses and sellers of appreciated assets such as real estate used the Private Annuity Trust to defer and reduce capital gains tax liability; however, with the recent tax changes sellers are forced to look to new alternatives.

According to national structured sale annuity expert Jack Meligan of Settlement Professionals Inc, “the PAT [private annuity trust] has been replaced and drastically improved upon by the new Structured Sale annuity [a.k.a. Ensured Installment Sale], which provides sellers much more safety, security, benefits, and at no cost.”

The new Structured Sale offers sellers of appreciated assets such as real estate and businesses a very effective way to defer and reduce capital gains tax and receive a guaranteed stream of income and is fully customizable by the seller. Mr. Meligan states, “The Structured Sale is truly a huge improvement on the PAT and is growing in popularity with more and more sellers looking to retire or exit the business and real estate markets.”

For those who don’t know, both the PAT and Structured Sale are annuity products that at backed by Fortune 100 corporations and allow sellers to achieve tax benefits and collect a stream of income for any time period they choose. However, the Structured Sale when structured correctly offers the seller much more benefits and can be applied in many more situations.

Mr. Meligan states, “The Structured Sale is not for everyone; however, it is extremely effective for a large percentage of sellers of real estate and businesses. It’s worth learning about because it could be the difference of a seller forking over $500,000 in capital gains this year versus a whole lot less.”

Settlement Professionals Inc. has released a new manual that is aimed at helping sellers learn about the Structured Sale (a.k.a. Ensured Installment Sale) and how it compares to other sales strategies. You can get this manual by going to http://www.structuredsalespro.com and filling in the form on the right side of the page.

Sellers of real estate and businesses can learn about the new Structured Sale at http://www.structuredsalespro.com or by calling Settlement Professionals Inc. at 1-800-666-5584.

1156 times read

Related news
Real Estate Matters: Ask the real estate lawyer by Ilyce_Glink posted on Apr 20,2007


Real Estate Matters – financial questions and answers by Ilyce_Glink posted on Feb 23,2007

Real Estate Matters: Financial questions and answers by Ilyce_Glink posted on Mar 30,2007


Did you enjoy this article? Rating: 4.43Rating: 4.43Rating: 4.43Rating: 4.43Rating: 4.43 (total 7 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?