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.

Formation of a family limited liability company or partnership is a practical solution to the intergenerational ownership and management of family property. Limited liability companies (LLCs ...

Let’s assume you inherited a 150 acre farm in Lycoming County that has been owned by your family since 1909. In 2020, you are ...