Your attorney as intermediary...?

"My attorney says that he can be my intermediary. He'll have one of his partners handle my exchange. Is this okay?"

No. Section 1031 prohibits an attorney, or their firm, who has had a client relationship with you in the past two years from acting as your qualified intermediary.

--The Experts

Add new comment

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <p> <br>
Please prove you're not a bot.
Enter the characters shown in the image.