What transfer technique provides for payment of the purchase price over a period of years?

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Installment notes are transfer techniques that provide for payment of the purchase price over a period of years. Such sales allow the estate to recognize the capital gains as payments are received rather than all at once. This technique can also be beneficial to the buyer, inasmuch as the buyer is not required to complete the buy-sell agreement with only lump sum. Sometimes an installment sale is part of a family transaction. If the sell dies before the installment term is completed, the remaining payments are included in the gross estate of the sell after the seller's death.

What Transfer Technique Provides for Payment of the Purchase Price