Tag: MISTs
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Beware This “Abusive” Tax-Planning Trap; What to Do Instead
Recently we have talked to several advisors who have been pitched by promoters offering Deferred Sales Trusts – “DSTs” and Monetized Installment Sales – “MISTs.” Those are two names for basically the same scheme. The scheme (the IRS’ word, see below) is promoted as a tax deferral strategy. California has…