Cover image for Family limited partnership : how to protect your business and provide for your children
Title:
Family limited partnership : how to protect your business and provide for your children
Author:
Rolcik, Karen Ann.
Personal Author:
Edition:
First edition.
Publication Information:
Naperville, Ill. : Sphinx Pub., 2003.
Physical Description:
xiii, 220 pages : forms ; 28 cm.
General Note:
Includes index.
Language:
English
ISBN:
9781572482548
Format :
Book

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KF6452.Z9 R65 2003 Adult Non-Fiction Popular Materials-Small Business
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Summary

Summary

Currently, Family Limited Partnerships (FLPs) are the last, best way for individuals to protect their assets from the high burden of estate taxes and from today's litigious society. Historically, FLPs in every state have thwarted the attempts of creditors to seize individual's assets. Thus, family inheritances and businesses can be protected and passed on to future generations.A glossary, thorough index, sample filled-in forms, sample cases and blank tear-out forms make this new title accessible for any consumer.