Tag: asset protection

Family Limited Partnerships and Limited Liability Companies

The family limited partnership (LP) or limited liability company (LLC) is a gifting and asset protection vehicle that can enable someone to make gifts of units (or interests) to children…

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Life Insurance Trusts

You may want to set-up an irrevocable life insurance trust. This effective estate planning tool is designed to collect the proceeds of your life insurance from a term insurance or…

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