Family Limited Partnerships And Family LLCs

Asset Protection In Florida: Using Family Businesses To Save

If you are seeking to protect your wealth and maximize your financial contributions to your children and future descendants, a family limited partnership (FLP) or family LLC may provide you with significant benefits.

Our firm was established to guide clients in Florida through complex legal and financial waters. Using years of experience in estate planning, our attorneys work to bring clarity to this often confusing area and help clients look out for their bottom line.

Learn The Advantages Of An FLP Or Family LLC | Offices In Fort Myers | Legal Help Throughout Florida

Both FLPs and family LLCs have distinct advantages and potential drawbacks when it comes to estate tax savings and other asset protection benefits. For example, partnerships require at least two partners, whereas a family LLC can be held solely by one person, but FLPs in many cases can offer far greater asset protection benefits to partners.

As part of our comprehensive asset protection and estate planning law, we can determine whether your family assets would be well served by an FLP or family LLC. We can begin discussing your needs during a consultation with one of our experienced Florida attorneys. To speak with a lawyer about your estate planning needs, send an email or call 239-344-9430 (877-243-1624 toll free).