The ABA Tax Section offers a teleconference and webcast today on Installment Sales: Myths, Legends, Pitfalls, and Difficult Issues from 1:00 – 2:30 p.m. EST:

This panel will address the complex issues practitioners encounter in the design, implementation and reporting of installment sales to grantor trusts. The program will not be a review of the basics of the installment sale transaction but, rather, will be an advanced discussion focusing on the "tough" issues related to this sophisticated wealth transfer strategy. The comprehensive program materials include transactional forms provided by four separate law firms (including sales agreements, promissory notes, self-canceling promissory notes, security agreements, guaranty agreements, assignment and assumption agreements, confirmation agreements, and sample gift tax returns) as well as sample correspondence to clients describing the structure, benefits and administration of the installment sale transaction.

Faculty:

• John F. Bergner (Moderator) (Winstead PC, Dallas)
• Stephen R. Akers (Bessemer Trust Co., Dallas)
• Derek Fletcher (Winstead PC, Dallas)
• Laura S. Hundley (Holland & Hart, Boulder)
• Edward M. Manigault (Jones Day, Atlanta)