How Do You Diversify a Portfolio
Without Incurring Taxes?
(Hint: There are lots of ways other than just a CRT!)
Your high net worth client or prospect may have a large portion of his or her portfolio tied up in one, low basis, significantly appreciated stock.
You know to show the client or prospect the value of diversification - - but how can they get out of that concentrated position without having to pay a huge amount of taxes?
If you know the answer to that question, you can be a “hero” to that client or prospect - - and generate a lot more business from them, plus referrals!
You may know the “standard” tax planning strategies, like using offsetting losses or a CRT (Charitable Remainder Trust), but they’re not always a fit.
Do you know about the alternative strategies - - that can hedge against a decrease in value of the large stock holding or monetize the position to permit reinvestment and diversification?
Here are a few…
- Short sales
- Protective put options
- “Cashless” collars
- “Monetizing” collars
- Variable forward sales
- Exchange funds
- Margin accounts
Sound way too complicated or like gobbledeegook?
Fortunately, Robert S. Keebler, CPA, MST, AEP, CGMA will be simply explaining all these advanced strategies in this special program entitled, “Tax Planning for Concentrated, Low-Basis Stock Positions”.