Posts Tagged ‘Estate Planning’
Limited Partnership – Legal Services
Limited Partnership (LP, LLP, LLLP) With rare exceptions, when we form a LP, we prepare complete documentation as needed for the LP to operate, function, and carry out its intended business purposes. Often, a Business Limited Partnership will operate as a “Family Bank” and serve as a parent entity to own other assets and subsidiary…
Read MoreIrrevocable Family Fortress Dynasty Trust – Legal Services
Irrevocable Family Fortress Dynasty Trust Irrevocable Family Fortress Dynasty Trust – Legal Services include establishing an an Irrevocable Dynasty Trust outside of taxable estate with provisions for life insurance, multi-generation capital growth and preservation, gifting, and income provisions. Such a Trust becomes valuable and important in legal planning when 1) the estate is over the…
Read MoreRevocable Living Dynasty Trust – Legal Services
Revocable Living Dynasty Trust Revocable Living Dynasty Trust – Legal Services look beyond merely avoiding probate and/or reducing estate taxes. It is all about what your estate planning is going to do to your family or designated beneficiaries over time. Not every family needs multi-generation planning. However, it is often impossible to determine up front…
Read MoreBasic Documents – Legal Services
Basic Documents Basic Documents – Legal Services are the foundation of all Estate Planning. With few exceptions, everyone over the age of 18 should implement these documents. Such Basic Documents designate emergency medical and legal decision makers. Implementing Basic Documents is a key element of “proactive law” – where solutions are put in place before…
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