CEO Times Magazine recently highlighted Pennington Law, PLLC and founder Andre Pennington’s game-changing use of the 453 Deferred Sales Trust (DST) as a tool for wealth management and tax planning. The strategy helps people and businesses delay paying capital gains taxes on high-value assets like real estate, cryptocurrency, businesses, and stocks.
Unlike traditional 1031 exchanges — which have strict deadlines and require reinvesting in similar types of properties — the 453 DST allows more flexibility, letting clients invest in a broader range of assets without time pressure.
Led by Andre L. Pennington, a seasoned wealth attorney and former USAF JAG Officer, Pennington Law, PLLC combines deep tax law knowledge with personalized financial planning to assist clients in a variety of estate planning matters. The law firm offers clients customized solutions, like the 453 DST and other legal instruments, to help clients maximize their wealth, plan for retirement, and ensure that they leave behind a legacy that provides for their families and heirs.
Featured in top publications like Forbes and The Wall Street Journal, Pennington Law, PLLC has built a strong reputation for helping clients grow and protect their wealth strategically. The firm has an AV® Preeminent™ rating from Martindale-Hubble, a testament to the high level of respect it commands among its peers in the legal community.
For more information about the 453 Deferred Sales Trust, contact Pennington Law, PLLC today.