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<p class="MsoNormal"><span style="font-size:16.0pt">Hello Natalie,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">I am familiar with IRC 453 related to deferred sales. I believe however you may have been given incorrect information regarding effect of such a sale through a trust as to creditor’s of a decedent. It would
seem odd to allow creditor’s to loose their preferred position by deferred sale.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">I have been doing this for only 17 years but I feel like it you could get money to a beneficiary rather than a creditor via 453 I would have heard of it. Also never heard of it during my accounting and LL.M
in Tax studies (but of course that was eons ago </span><span style="font-size:16.0pt;font-family:"Segoe UI Emoji",sans-serif">😉</span><span style="font-size:16.0pt">)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">Best,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Script MT Bold"">Diane J. Kiepe<o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Script MT Bold""><o:p> </o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Diane J. Kiepe<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Douglas Eden<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">717 W. Sprague Ave.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Suite 1500<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Spokane, WA 99201<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><a href="mailto:djkiepe@depdslaw.com"><span style="color:#0563C1">djkiepe@depdslaw.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">509-455-5300<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt">From:</span></b><span style="font-size:11.0pt"> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Natalie Kuehler<br>
<b>Sent:</b> Thursday, August 5, 2021 11:59 AM<br>
<b>To:</b> wsbapt@lists.wsbarppt.com<br>
<b>Subject:</b> [WSBAPT] Referral for Attorney to Set Up Deferred Sales Trust<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black">Hello all,</span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black"> </span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black">I have a client in need of an attorney with experience in setting up an irrevocable Deferred Sales Trust for a real property sale under Section 453 of the IRC. I understand that this is a mechanism
by which capital gains taxes can be deferred if real property is sold in an insolvent sale and proceeds are distributed to a trust with an independent trustee, and then disbursed to the beneficiary (i.e. the original seller) over time. Capital gains taxes
then accrue only at the time of distribution of any portion of the trust corpus. </span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black"> </span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black">I’d appreciate any and all referrals!</span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black"> </span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black">Thank you,</span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:black">Natalie</span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E">Natalie N. Kuehler</span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-family:"Chaparral Pro";color:#060A2E">KUEHLER & GRIM PLLC</span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E">PO Box 3059 – 1112 State Route 20</span><span style="font-size:11.0pt;color:#060A2E"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E">Winthrop, WA 98862</span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E">o: (509) 996-2832 x1 – c (509) 557-5769</span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E"><a href="http://www.kuehlergrim.com"><span style="color:#060A2E">www.kuehlergrim.com</span></a></span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E"> </span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Chaparral Pro";color:#060A2E">CONFIDENTIALITY STATEMENT: This message contains information that may be confidential and protected by the attorney-client privilege. If you received this message
in error, please notify the sender immediately and delete the message.</span><span style="font-size:11.0pt;color:black"><o:p></o:p></span></p>
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