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Private Annuity Trusts - Introduction to 1031 exchange alternative to defer capital gains tax strategy

• How can I know the amount of my payments?
• What happens if I live longer or less than life expectancy?
• What if I want to change the payment amounts?
• What if I need some money before annuity payments begin, or what if I need more than the payments?
• Are there any flexibilities or variability's in the annuity payment stream, such as increasing the payments over time?
• Can I cancel the whole deal after a few years and get my money?
• How much interest will I earn on the unpaid balance?
• What happens if capital gains tax rates are lowered after I set up the private annuity?
• How long can the deferral period be?
• Can the deferral period be shortened once the private annuity is setup?
• What guarantee do I have that the annuity payments will be made?
• What happens if the trust goes broke before I die?
• How does the private annuity trust compare to an installment sale?
• Who serves as the trustee?
• Can my spouse be either trustee or the beneficiary of the trust?
• How do I manages the trust's investments?
• Do I sell the property and put the cash in the trust?
  May I keep some of the cash from the sale?
• If the annuity payment is fixed, what happens if the trust makes more money than that?
  What happens to the money left in the trust after my death?
• How can I have my tax advisor or attorney analyze the private annuity idea?
• My attorney (or CPA) has never heard of a private annuity, or doesn't think it is legal. What "proof" is there that this strategy is legitimate?
  
• What risks or other negative factors are there?
• I am interested in having one of these plans put together, what should I do next?