The benefits of a well-thought-out Family Limited Partnership
We launch our Private Client Services content series with a focus on Family Limited Partnerships. Donald Stevens and Stephanie Pervez discuss the merits of Family Limited Partnerships for families, ways they can be used during the income tax planning process, and estate planning benefits.
Stay tuned for additional content on these topics: Trust Strategies, The Power of Roth IRAs, Gifting Strategies, and College Planning.
Any advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues. Nor is it sufficient to avoid tax-related penalties. This has been prepared for information purposes and general guidance only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
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