What About Wealth?

Asset Management

There are many myths and misconceptions about partnerships. Limited partnership have been under assault by the IRS and Congress. Are LP’s dead or are they still useful? What about discounting and valuation? What is a business purpose and why should I care? What about the “new kid on the block” - the LLC? Find out the differences between LLC, LP, LLP, LLLP, and LLLLP. What do all the “L”s mean anyway? What is the difference between General and Limited partnerships? How do we use Business Partnerships for gifting, succession planning, or asset protection? How do we navigate the dangers and the opportunities? Join Rick and RIch to find out what still works, what to watch out for, where the most powerful and effective planning opportunities lie, and how to integrate Business Partnerships into your Dynasty Planning.

Subscribe to RSS - Asset Management

ADVICE, ARTICLES, PODCASTS AND COMMENTARY INCLUDED IN THIS WEB SITE DO NOT CONSTITUTE A TAX OPINION AND ARE NOT INTENDED OR WRITTEN TO BE USED, AND THEY CANNOT BE USED, BY ANY TAXPAYER FOR THE PURPOSE OF AVOIDING PENALTIES THAT MAY BE IMPOSED ON THE TAXPAYER. © 2012 Hikari Intellectual, LLC