Keep Family Disputes from Sinking Family Finances
Intergenerational squabbles don’t just make for tense holidays. Failures of trust and communication can put family wealth into jeopardy.
Family Limited Partnerships: The Power to Move and Protect Your Wealth for Future Generations
Family limited partnerships (“FLPs”) give senior family members a tax efficient way to shift wealth to future
generations while still exercising control over their assets. As an added benefit, by forming a FLP, senior family members remove assets out of their estate—generally at a reduced transfer tax value.