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Powerful Combo: Family Limited Partnerships & Intentionally Defective Grantor Trusts
Powerful Combo: Family Limited Partnerships & Intentionally Defective Grantor Trusts

By: Jim Dossey, MS, MBA, JD For our clients with significant means (> $5MM net worth for individuals, > $10MM net worth for marrieds), family limited partnerships (FLP) are a great way to provide asset protection and reduce estate tax. Because of lack of marketability of the ...

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