Charles Rubin discusses how one estate planning technique to shift future appreciation on a
sale of property is to sell the property for a private annuity. He discusses how a 2006 IRS proposed regulation that disallowed any tax deferral on gains and that would stop the effectiveness of the private annuity technique discussed above. Mr. Rubin discusses that there are still reasons to employ this technique including the low current rates on capital gains and the seller's ability to secure payment without giving up anything.
See Charles Rubin, "Do Private Annuity Sales Make Sense?
" JD Supra, Feb. 9, 2012.
Posted by William Alan Nelson II, Associate Editor
, Wealth Strategies Journal.