If you are concerned about transferring large amounts of wealth to your heirs, then a Family Limited Partnership or a Family Limited Liability Company may be good planning tools to use. These structures allow you to share management and income from your assets with your heirs while you are alive, giving your heirs a stake in your assets and some experience in the value and methods of asset control. These structures also allow your assets to be transferred to your heirs with little to no estate or gift tax.
Contact Us for a Consultation With One of Our Family LLC Lawyers
For a no-obligation consultation with one of our family LLC attorneys at Doar, Drill & Skow, call 877-890-7934 toll-free or Contact Us Online. Located in New Richmond, we serve clients throughout western Wisconsin. We offer a free consultation to discuss your family limited partnership (FLPs) options. Contact us today to learn more.
