What’s an installment sale? An installment sale occurs when an asset is sold to a trust, individual, business, or entity over a period of time, often 10 years. Installment sales get special tax treatment and can be a good way (when used with life insurance or other assets as collateral) to move highly appreciated land or business assets into a trust, while minimizing taxes.
My law firm, Johnson Law KC LLC, is experienced counseling clients on installment sales as part of a sophisticated, complex, and holistic estate plan and business succession plan. We can help you answer all your estate planning, asset protection, business succession, and buy-sell questions with confidence and friendly expertise. Please call (913.707.9220) or email us (steve@johnsonlawkc.com) to schedule a free, convenient consultation.
(c) 2015, Stephen M. Johnson, Esq.