Family Limited Partnership vs. Trust: Key Differences Understanding the distinctions between them can help you determine which option is best suited for your family’s financial goals and estate ...

The family limited partnership (FLP) is a classic technique to shift income and wealth to your children and future generations. We began this structure with a client about 25 years ago.

A family limited partnership is one of the smartest ways to do this. And because the federal estate tax exemption is a moving target – it could go down to $5 million or any other number Congress ...

A limited partnership (LP) is a business structure where at least two partners own the company, but only one of them manages the business. A limited partnership (LP) is a business structure where ...

General and limited partnerships are common business structures for those wanting to enter business together. While both partnerships offer flexibility and a shared approach to business ownership ...