Abilene, TX (1888PressRelease)
February 05, 2008 - An IRS-accepted strategy which defers capital gains taxes on the proceeds of highly appreciated property sales is the center of a strategic partnership announced today. Capital Wealth Advisors, LLC, and Executive Wealth Advisors LLC, both of Marlton, announced today they will partner with Foundation Title, LLC, a title insurance/settlement company based in Mercerville, and Estate Planning Team, a national marketing organization, to offer this IRS accepted strategy designed to help high-net worth individuals preserve their wealth.
Under the agreement, Capital Wealth Advisors LLC and Executive Wealth Advisors LLC will provide Estate Planning Team's IRS-accepted strategies to Foundation Title clients who are selling highly appreciated real estate holdings. As an alternative to the 1031 Exchange, advisors will offer property and small business owners the Deferred Sales Trust™ which allows a property owner to defer capital gains over their life time. With additional planning, the DST™ can also remove the asset from the client's taxable estate.
Mark D'Agostino, Foundation Title LLC managing partner, said "We look forward to showing realtors how the Deferred Sales Trust ™ can help their clients liquidate their real estate or small business without the concern that capital gain tax will take a bite out of their net proceeds. Realtors who offer their clients the DST™ will set themselves apart from their competition, earning them more listings and referral fees.
In addition realtors can be paid reoccurring solicitor fees from the assets invested in the DST™ through J.P. Turner & Company Capital Management, LLC. Robert Binkele, CEO of Estate Planning Team based in Palm Desert, California, further explains "The DST™ is also a potential rescue for failing 1031 exchanges if the property owner has identified an exchange property within the 45 day window but is unable to close within the 180 day deadline.
Capital Wealth Advisors, LLC and Executive Wealth Advisors, LLC are financial services companies based in Marlton, N.J. They offer access to securities through J.P. Turner & Company (member SIPC) and access to financial advisory and financial planning services through J.P. Turner & Company Capital Management, LLC, both based in Atlanta. The Deferred Sales Trust™ is offered exclusively through Estate Planning Team, Inc. a national marketing organization based in Palm Desert, Ca. that offers investment professionals a turn-key marketing systems for IRS-accepted strategies that help high net-worth clients preserve their wealth. Foundation Title, LLC is the title-insurance and settlement subsidiary of EVC Realtors, based in Mercerville, N.J.
