Released on: February 20, 2008, 12:55 am

Press Release Author: Jeff Kornfeld

Industry: Financial

Press Release Summary: Vernon Hills, IL Feb.13- An IRS-accepted strategy which
defers capital gains taxes on the proceeds of highly appreciated property sales is
the center of a strategic partnership announced today.


Press Release Body: Vernon Hills, IL Feb.13- An IRS-accepted strategy which defers
capital gains taxes on the proceeds of highly appreciated property sales is the
center of a strategic partnership announced today. Gledhill Properties, Inc. will
partner with Estate Planning Team, a national marketing organization based in CA, to
offer its clients this IRS-accepted strategy designed to help high net worth
individuals preserve their wealth.

Many baby boomers are looking to liquidate the wealth they have accumulated in real
estate or their small businesses, but capital gains taxes can reduce their net
profit. With a
1031 exchange, the seller exchanges the property for another like property avoiding
capital gains tax, but with an exchange they may not eliminate the day-to-day
management of an investment property or small business. Under the agreement,
Gledhill Properties will be able to offer this service to clients who are selling
highly appreciated real estate holdings. As an alternative to the 1031 Exchange,
Gledhill real estate advisors will offer property and small business owners the
Deferred Sales TrustT (DSTT) which allows a property owner to defer capital gains
over their life time. With additional planning, the DSTT can also remove the asset
from the client\'s taxable estate.

Tom Gledhill, the firm's president, adds, "I have come across many situations where
the DSTT would have been a useful tool for my clients. There was a situation I ran
into recently where a large land holder sold some land and couldn't place the money
in time, using a 1031 exchange, and had to pay taxes on a portion of the proceeds.
The DSTT would have offered the perfect way out. Now I have the DSTT tax deferral
strategy in my arsenal as a more comprehensive way to aid my clients, and help them
sell their property tax deferred." The DSTT is offered exclusively through the
Estate Planning Team, a membership organization based in Palm Desert, CA. Estate
Planning Team offers the DSTT, and other wealth preservation strategies, through
realtors, title insurance representatives, investment advisors and insurance
representatives on a nationwide basis.

Gledhill Properties, Inc. assists both private and public clients with the
acquisition and disposition of real estate in the form of improved or unimproved
vacant land. They also have vast experience in rendering brokers\' opinions of value
and land consulting services. With over 25 years of real estate experience, Gledhill
Properties is one of the nation\'s recognized experts in land brokerage and
consultation, with extensive experience in residential, commercial, industrial and
business park properties. For more information, please contact Thomas Gledhill of
Gledhill Properties, Inc. at (847)325-7030 or on the web at
www.gledhillproperties.com or www.mydstplan.com/tomgledhill. Or contact: Jeff
Kornfeld Estate Planning Team 877-213-8707


Web Site: http://www.gledhillproperties.com/

Contact Details: Jeff Kornfeld
Estate Planning Team
Grand Central Station
PO Box # 3150
New York, NY 10163

(toll free) #877-213-8707