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While any estate planning advice would be welcomed, I was specifically wondering if a private annuity is an acceptable form of payment (as far as the IRS was concerned) with respect to Capital Gains?

I took a quick look at the site and quickly realized I was in over my head. When I got to the part about a trust "buying" something and "paying" for it with something else, I gave up. When I see perfectly understandable words in quotation marks, I start to think someone's up to something. It doesn't mean they are, it just means that I don't trust them. That's my prejudice, and it in no way indicates it's valid.

If Chris Riser should happen along and comment, pay attention to what he says. He knows this stuff. You might also check out www.quatloos.com, which has a lot of information about tax avoidance schemes that don't pass muster.

Sorry I couldn't be of more help.

TMF ExRO
Phil Marti
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