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.
For a 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.
