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.

Family limited partnerships (FLPs). • Grantor retained annuity trusts (GRATs). • 1031 exchanges (to defer capital gains taxes). • Opportunity zone investments (to mitigate tax burdens).

Today, if you own a Family Limited Partnership (FLP) or Limited Liability Company (LLC), possibly owning real estate or having a large equity portfolio, these assets offer tremendous gifting and ...

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 ...

“Countdown for Gift and Estate Tax Exemptions.” Wolters Kluwer. “Family Limited Partnerships 101.” Forbes. “Tax Court Blesses 35% Valuation Discount on Investment Family Limited Partnership.