Monday, December 4, 2023

Family Limited Partnerships

From Yahoo! News:

A family limited partnership (FLP) is a complex structure that serves a strategic purpose for individuals desiring to manage and protect family assets, limit liability and potentially secure tax benefits. This article targets families interested in estate planning, providing a comprehensive understanding of how FLPs function, their advantages and disadvantages, as well as tips on how to initiate one. 

Read more here.

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