Victor G. Kawana, CPA, CVA is now a Deferred Sales Trust™ (DST) trustee
June 5, 2017
Estate Planning Team, Inc. (EPT) is pleased to announce that Victor G. Kawana, CPA, CVA is now a Deferred Sales Trust™ (DST) trustee. Mr. Kawana is the principal of Gold Coast Trustee Services, LLC, located in Costa Mesa, CA. He is also the Managing Partner of Kruse Mennillo LLP, and has been with the firm for 37 years. Mr. Kawana graduated from the University of California at Los Angeles (UCLA) with a B.A. in Economics. He passed the CPA examination and became licensed as a Certified Public Accountant in 1982. Mr. Kawana is also a Certified Valuation Analyst (CVA) He has performed numerous business valuations and possesses substantial experience with estate and gift tax issues, marital dissolutions, succession planning and purchase price allocation and he has been called upon to serve as an expert witness in these areas. He is an expert on tax advice in the automotive industry.
Robert Binkele, Estate Planning Team Chief Executive Officer and Member of Forbes Finance Council, has determined that there is a high demand for additional trustees with expertise in the Deferred Sales Trust™ tax deferral strategy. When reached for comment, Mr. Binkele stated, “I am delighted to welcome our new trustees to EPT. We reviewed many qualified individuals and letters of interest of those seeking to become DST trustees and these additions to our trustee team represent the best team. They all have impeccable credentials and long histories of best practices relating to acting as fiduciaries. They are going to be terrific.” Mr. Binkele further stated, “With the amount of growth that we are experiencing from different parts of the country, it is essential to be able to service every trust with highly experienced professionals. Each trustee will provide services to a chosen area and will help our EPT members in growing their businesses.”
The Deferred Sales Trust™ utilizes Section 453 of the Internal Revenue Code (the installment sale provision) to defer and time the payment of capital gains obligations upon the sale of highly appreciated businesses and property. The Estate Planning Team’s turnkey marketing system has successfully tapped into the growing demand for comprehensive tax and financial solutions on behalf of owners of highly appreciated assets who do not want their hard-earned wealth to be depleted by oppressive capital gains and estate taxes. The Deferred Sales Trust™ has been vetted and lauded by various law firms, accounting firms and financial professionals throughout the United States. These include an array of major national firms with prominent state and federal tax practices.
Estate Planning Team, Inc. is the exclusive licensor of the Deferred Sales Trust (DST). The DST utilizes IRC § 453 (installment sales) to allow owners of highly appreciated property (real estate, businesses) to sell these assets and defer the payment of capital gains taxes. The sales proceeds are placed into a trust that pays the seller a predefined interest rate each year and the principal is taxed at the applicable capital gains tax rate when it is returned to the seller. For more information or to register for a free webinar on the Deferred Sales Trust™, please contact Kari Smith (866) 779-5339. To learn more about the Estate Planning Team visit the company website at www.myept.com. To read more about the Deferred Sales Trust™ go to www.mydstplan.com.