Family Limited Partnership: How to Protect Your Family Business and Provide for Your Children

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Sphinx Pub., 2003 - Business & Economics - 248 pages
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.

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Contents

Overview of Family Limited Partnerships
9
StartUp Procedures
25
The Family Limited Partnership Agreement
35
Copyright

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About the author (2003)

Rolcik received her law degree from Indiana University. She is licensed to practice law in Texas and Ohio and is a certified mediator in Texas.

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