MetLife Launches Structured Installment Sale Solution in 49 States
MetLife, Inc. announced today the launch of its new Structured Installment Sale solution, available through its subsidiary, Metropolitan Tower Life Insurance Company. The solution is available in 49 statesi, Puerto Rico and Washington, D.C.
Structured Installment Sales offer individuals the opportunity to defer their tax liability for eligible property sales, including small businesses as well as agricultural, residential and commercial properties. With an installment sale, the proceeds from the sale are paid out in installment payments over a pre-determined number of years rather than as a lump sum. As a result, the taxes are paid as the installment payments are received, rather than bein