DST Plus™ — The Deferred Sales Trust Strategy

Deferral today. Growth outside the estate tomorrow. Legacy for generations. The DST Plus™ architecture combines a Deferred Sales Trust (under IRC §453) with advanced estate-planning strategies to defer capital gains tax on the sale of a highly appreciated asset and remove future growth from your taxable estate.

Note on terminology. Here “DST” means Deferred Sales Trust — an installment-sale strategy under IRC §453. That is a different structure from the Delaware Statutory Trust (also “DST”) used to hold replacement property in a 1031 exchange, which is covered separately on this site.
Robert Binkley's DST Plus Architecture: a highly appreciated asset is sold to a Deferred Sales Trust under IRC §453, which sells to a third-party buyer and issues an installment note to the seller. Proceeds are invested for growth and distributed as income and principal over time, and can fund irrevocable trusts, an ILIT, a charitable remainder trust, a family limited partnership, or direct gifts — so assets and future growth pass to heirs outside the taxable estate.
Robert Binkley’s DST Plus™ Architecture (tap to open full size).

How the architecture works together

  1. Sell the asset. You sell a highly appreciated asset — real estate, a business, stock, or other property — to the Deferred Sales Trust rather than directly to the buyer.
  2. Defer the tax. An independent trustee (an irrevocable trust) sells the asset to a third-party buyer and issues you an installment note. Under IRC §453, gain is recognized — and tax paid — only as installment payments are received.
  3. Invest and grow. The trust invests the proceeds for potential growth and income per the trust agreement, and pays you principal and interest over time.
  4. Deploy strategically. Payments can fund estate-planning vehicles — irrevocable trusts, an Irrevocable Life Insurance Trust (ILIT), a Charitable Remainder Trust (CRT), a Family Limited Partnership (FLP), or direct gifts and education planning.
  5. Remove from the estate. Assets, trusts, and life-insurance proceeds pass to your heirs outside of your taxable estate — freezing today’s value while future growth accrues to the next generation.

Potential results & benefits

For educational purposes only. This is not legal or tax advice. Results depend on proper planning, trust drafting, and investment performance, and estate-tax laws and exemptions are subject to change. Consult your attorney, CPA, and financial advisor before implementing any strategy.

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