Start Now
Practice Areas
- Business Exit Planning & Succession
- Local News and Information
- Mediation For Estates and Trusts
- The System For Protecting Your Assets for Your Self and Your Heirs
- Asset Protection
- Estate and Inheritance Tax Planning
- Protecting Heirs from Divorce and Litigation
- Wills and Trusts
- Executor, Trustees and Probate
- Elder Law Trusts, Contracts, Checklists and Solutions
- Ideas and Information That Make Life Better
Blog 
Asset Protection
- What You Need to Know about Beneficiary Designations
- The Family Limited Patnership In Estate and Business Planning
- Asset Protection Of Bank Accounts - It's Not All About The Signature Card
- Tiger Woods, Prenuptials and Estate Planning For Second Marriages
- When It Comes To Bank and Investment Accounts Less Can Be More
- Is An IRA Still Protected From Creditors After The New Florida Case?
- Protecting Yourself from Uninsured Drivers
- Money In Your Mattress? Another Reason To Worry.....
- Off Shore Accounts: Do You Need One? Are They Legal?
- Using Family Limited Partnerships
News
- Posted on 2/9/2009401(k)s Disappearing Value
Library
Asset Protection
The Family Limited Patnership In Estate and Business Planning
Family Limted Partnerships in Pennsylvania Estate Planning.By David M Frees III, Esquire
Some of the benefits of using the FLP include: maintaining management and control when gifting or selling business interests to family members, the ability to mentor the next generation of managers/owners, possible reduced values when making gifts so that you can gift more, asset protection for your heirs, ease of transfering varying percentage interests and more.
For the latest on using Family Limited Partnerships in your business and estate planning including the pros and cons of FLP's, read my article and the NY Times article on FLP's (Family Limited Partnerships) and the IRS by clicking here.
David M. Frees III practices almost exclusively in the areas of trusts, wills, estate planning, and asset protection. His practice serves families throughout the state of Pennsylvania with law offices located in Malvern, Phoenixville and West Chester. Many surrounding communities include Devon, Exton, Chester Springs, Wayne, Ardmore, Gladwyne, and Greater Philadelphia and The Main Line.
Post a comment
Post a Comment to "The Family Limited Patnership In Estate and Business Planning"
To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."For more info from David M. Frees, III
Begin your case review by filling out the form below:
Contact Us
Phoenixville
120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323
Regular Business Hours
Get Directions
Malvern
116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323
By Appointment
Get Directions
West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees
Get Directions
Offices
Offices
Phoenixville
120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323
Regular Business Hours
Malvern
116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323
By Appointment
West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees
Videos
Asset Protection:
- Pennsylvania Estate Planning Attorney On Asset Protection
- How Can I Protect My Assets with an Umbrella Policy?
- Pennsylvania Asset Protection Attorney: Protects Businesses & Assets
- Pennsylvania Estate Planning Attorney Says A Team of Advisers Can Help You Diversify & Protect Money
- Pennsylvania Estate Planning Attorney Says Build Your Team