Family Limited Partnership: How to Protect Your Family Business and Provide for Your Children (Legal Survival Guides)

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.Karen Ann Rolcik is the author of 'Family Limited Partnership: How to Protect Your Family Business and Provide for Your Children (Legal Survival Guides)' with ISBN 9781572482548 and ISBN 1572482540.