Family Limited Partnerships & Limited Liability Companies in Estate Planning

Family Limited Partnerships & Limited Liability Companies in Estate Planning PDF Author:
Publisher:
ISBN:
Category : Estate planning
Languages : en
Pages : 288

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Book Description

Family Limited Partnerships & Limited Liability Companies in Estate Planning

Family Limited Partnerships & Limited Liability Companies in Estate Planning PDF Author:
Publisher:
ISBN:
Category : Estate planning
Languages : en
Pages : 288

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Book Description


An Estate Planner's Guide to Family Business Entities

An Estate Planner's Guide to Family Business Entities PDF Author: Louis A. Mezzullo
Publisher: American Bar Association
ISBN:
Category : Law
Languages : en
Pages : 252

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Book Description
Providing the necessary background for lawyers and financial planners to accurately advise clients on transferring wealth through the establishment of a business entity.

The Family Limited Partnership Deskbook

The Family Limited Partnership Deskbook PDF Author: David T. Lewis
Publisher: American Bar Association
ISBN: 9781590318171
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
Forming and funding a family limited partnership or limited liability company is both increasingly common and complicated. This current, comprehensive reference provides in-depth analysis of all facets of using these planning vehicles. It begins with detailed guidance on the basic principles of drafting, forming, funding, and valuing an FLP or LLC, but also covers advanced income tax concerns. Added tools include examples and extensive sample forms on CD-ROM.

How to Use Limited Liability Companies and Limited Partnerships

How to Use Limited Liability Companies and Limited Partnerships PDF Author: Garrett Sutton
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
"Designed for entrepreneurs and individuals interested in starting their own business, this book provides an indepth study of how the special characteristics of limited partnerships and limited liability companies may be used to your advantage and to assist you in protecting assets, managing wealth and strategic estate planning to minimize taxes. It features strategic uses of limited liability companies and limited partnerships to hold real estate and other assets, how to easily manage and operate a limited liability company or limited partnership, how to creatively plan for your future and your family's future, and how to follow the rules to keep your assets protected."--Publisher description.

Starting a Limited Liability Company

Starting a Limited Liability Company PDF Author: Martin M. Shenkman
Publisher: John Wiley & Sons
ISBN: 9780471226642
Category : Law
Languages : en
Pages : 324

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Book Description
With Starting a Limited Liability Company you’ll learn how an LLC can work for you and exactly what you need to do to set up and operate one. The updated second edition features completely revised and updated planning strategies, and new chapters on the one-member liability company, estate planning, home businesses, and more. You’ll also find: Expert guidance on applying LLCs to operating a business, estate planning, protecting assets, real estate acquisitions, professional practices, avoiding ancillary probate, and venture capital operations Plans and strategies for converting partnerships into LLCs and combining LLCs and trust planning A detailed glossary, along with checklists and loads of sample legal forms that simplify the process

Asset Protection for Physicians and High-Risk Business Owners

Asset Protection for Physicians and High-Risk Business Owners PDF Author: Robert J. Mintz
Publisher: Robert J Mintz
ISBN: 0963997122
Category : Law
Languages : en
Pages : 256

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Book Description
Attorney Mintz describes the latest strategies for insulating and shielding assets from potential lawsuit liability. Detailed examples, diagrams, and real life case studies are provided for using Family Limited Partnerships, Limited Liability Companies, Asset Protection Trusts, and creative privacy plans.

Wealth Planning with Family Limited Partnerships and Limited Liability Companies

Wealth Planning with Family Limited Partnerships and Limited Liability Companies PDF Author: Louis A. Mezzullo
Publisher:
ISBN: 9781633592797
Category : Business enterprises
Languages : en
Pages :

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Book Description
...covers the following topics: Income and transfer tax considerations and nontax considerations relating to the formation, operation and termination of family limited partnerships and limited liability companies (LLCs); The goals of family members in establishing limited partnerships and LLCs; The various techniques available for reducing or eliminating transfer taxes, and the income tax rules pertaining to the recognition of an entity as a partnership for federal income tax purposes; Valuation issues, including the various discounts or premiums that may apply to transfers of interests in limited partnerships and LLCs and the special valuation rules under Chapter 14 as they apply to family limited partnerships and LLCs; The validity of a partnership or LLC formed for the purpose of holding marketable securities and the Internal Revenue Service's challenges to valuation discounts; The availability of the annual exclusion for transfers of interests in family limited partnerships and LLCs and the potential inclusion of transferred interests in the transferor's estate; The issues involved in choosing the appropriate entity for holding family assets, including marketable securities, real estate, and operating businesses with a detailed discussion of the desired characteristics of the family business entity; The issues involved in forming and liquidating the entity, including the potential application of the anti-abuse regulation under the partnership rules, tax-free formation treatment, and classification of the entity for federal tax purposes; The issues that should be considered when drafting the limited partnership agreement or operating agreement; The business and other nontax reasons for a family to use a limited partnership or LLC to hold family investments and operating businesses.

How to Use Limited Liability Companies & Limited Partnerships

How to Use Limited Liability Companies & Limited Partnerships PDF Author: Garrett Sutton
Publisher: Success DNA
ISBN: 9781944194147
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
Sutton has updated, yet again, his comprehensive book on maximizing the benefits of limited liability companies and limited partnerships. You will learn how to: Select the right entity for your specific needs and goals ; Follow the rules to keep your assets protected ; Creatively plan your future and your family's future ; Easily manage and operate an LLC or an LP ; Strategically use entities to hold real estate and other assets.--Back cover.

Family Limited Partnership Agreements Line by Line

Family Limited Partnership Agreements Line by Line PDF Author: Brad Galbraith
Publisher:
ISBN: 9780314279330
Category : Family partnership
Languages : en
Pages : 0

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Book Description
Written by an attorney whose practice focuses on the estate and tax planning needs of high net worth families, Family Limited Partnership Agreements Line by Line is a comprehensive examination of the contract provisions that make family limited partnerships such a powerful tax planning and asset protection tool. This publication includes in-depth explanations of the reasoning behind the various provisions in the agreementthose that are crucial to the general partner, as well as those that simply make operations more predictable and efficient for all partners. The book covers such key topics as entity creation, ownership interests, capital contributions and capital accounts, allocations and distributions, entity management, transfers of general partner and limited partner interests, and dispute resolution. Family Limited Partnership Agreements Line by Line is a valuable resource for anyone who works with business owners and high net worth families, as well as those individuals who are interested in capitalizing on family limited partnership planning opportunities. This book contains a CD-Rom that features the PDF and Word versions of the final text of the book, which enables readers to manipulate the contract.

Guide to Limited Liability Companies

Guide to Limited Liability Companies PDF Author: Tom Cody
Publisher: CCH
ISBN: 9780808017844
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
This revised handbook provides a concise discussion of the limited liability company (LLC), the popular alternative business form for small- and medium-sized enterprises that strategically combines the pass-through tax advantages and operational flexibility of the partnership with the limited liability of the corporation. The Guide explains, in clear language, key information about the benefits available within the LLC format, and a synopsis of each state's LLC statute enables you to quickly identify relevant planning opportunities or potential pitfalls. Book jacket.