•	An Installment sale is defined in Sec. 453 of the Internal Revenue Code of 1986 as "a disposition of property where at least 1 payment is to be received after the close of the taxable year in which the disposition occurs".
	•	In general, Installment Sales permit sellers to defer gains on certain property dispositions to the tax year in which the related sale proceeds are received.

Assignment Guidelines

	•	Minimum case size is $100K.
	•	No life-only contingent payment streams.
	•	Purchase agreement is strictly between Buyer and Seller: neither the Assignment Company nor Allstate should be mentioned in this document.
	•	Periodic payments may not be secured or pledged.
	•	Periodic payment streams assumed by the Assignment Company must not be changed from the periodic payments owed by the Buyer prior to the assignment. The periodic payment streams are non-transferable and non-commutable.
	•	The Seller cannot assign the payment stream.
	•	The Seller's estate must be the beneficiary.
	•	A representation and acknowledgement statement must be signed by the Buyer and Seller.
	•	The Seller is responsible for reporting any applicable Installment Sale income to the Internal Revenue Service and should consult with his or her own independent tax advisor for details.

Go back to Uses

What is a non-qualified assignment?
Available Markets: Traditional Non-Qualified
Available Markets: Structured Sales
The Benefits
The Process
Why are we safe?
Taxation and Accounting Issues