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What is a Reverse Morris Trust? A Reverse Morris Trust (RMT) represents an innovative tax-efficient strategy for corporations aiming to divest assets by merging or combining them with interested buyers without incurring capital gains taxes. This financial instrument came into existence as a result of a 1966 court decision that
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Introduction to Master Limited Partnerships (MLPs) A master limited partnership (MLP) is a unique investment vehicle that combines the tax benefits of a private partnership with the liquidity of a publicly-traded company. Established in 1981, MLPs offer investors an attractive way to invest in capital-intensive industries while benefiting from tax
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Introduction to Like-Kind Exchanges A like-kind exchange, also known as a 1031 exchange or Starker exchange, is a tax strategy that enables business owners, investors, and individuals to dispose of a capital asset while deferring the payment of capital gains taxes. This strategy is especially popular for those dealing with
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