We believe our clients deserve to keep and grow the wealth they’ve spent a lifetime building.
We built Telos when we observed an unmet need for clients who were selling businesses, real estate, or other highly appreciated assets. We recognized that they were unable to exit their ownership positions without their wealth either eroded through exorbitant taxes or jeopardized through owner financing risks.
Existing market options did not work.
When selling their assets, our clients only had the following options available.
- Pay capital gains taxes on their sale proceeds. This typically resulted in an immediate 37% loss of their wealth.
- Carry back an installment note on the sale. This exposed clients to the risk of buyer default and possible loss of both their sales proceeds and their asset.
- Use a trust structure to defer the taxes. Unfortunately, these trust structures are not compliant with IRS code and ultimately exposed clients to the same 37% tax bill now compounded by penalties and interest.