An Estate Planner's Guide to Family Business Entities
An Estate Planner's Guide to Family Business Entities

Author: Louis A. Mezzullo

Publisher: American Bar Association

Published: 2003

Total Pages: 252

ISBN-13:

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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

Author: David T. Lewis

Publisher: American Bar Association

Published: 2007

Total Pages: 350

ISBN-13: 9781590318171

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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

Author: Garrett Sutton

Publisher:

Published: 2004

Total Pages: 292

ISBN-13:

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"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.

Last-Gasp Estate Planning
Last-Gasp Estate Planning

Author: Walter D. Schwidetzky

Publisher:

Published: 2009

Total Pages: 0

ISBN-13:

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Family limited partnerships have been popular gift and estate tax planning vehicles for many years. In recent years, family limited liability companies (LLCs) have also become common, particularly in those states that have updated their statutes to take the check-the-box regulations into account. LLCs with more than one member are usually classified as partnerships for federal income tax purposes. In a typical structure, when there is adequate planning, the donors form a limited partnership or an LLC (jointly, 'family limited liability entity' or FLLE), to which they contribute assets expected to appreciate in value. This article will focus on such use of FLLEs as found in the Strangi case and offer proposals for reform.

Starting a Limited Liability Company
Starting a Limited Liability Company

Author: Martin M. Shenkman

Publisher: John Wiley & Sons

Published: 2003-03-31

Total Pages: 324

ISBN-13: 9780471226642

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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