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Can I add additional real or personal property to the Deferred Sales Trust after I have established the Deferred Sales Trust?

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Can I add additional real or personal property to the Deferred Sales Trust after I have established the Deferred Sales Trust?

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Yes, you can sell additional real or personal property to the trust after you have established the Deferred Sales Trust. One Deferred Sales Trust structure will suffice for multiple assets or properties sold over a period of time. There would be additional planning required for each asset or property sold at different times and new documents must be drafted. Each sale will require its own separate Deferred Sales Trust note but the same Trust can be used for each sale. The original fee schedule applies to the sale of each additional asset or principal added to the original Deferred Sales Trust with the preparing law firm.

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