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October 2015

Pieces of the puzzle: (Family) Limited Partnership

The limited partnership (LP) is a popular type of business entity for managing wealth among both family members and investment groups. The LP has a host of advantages, including tax reduction and the efficient transfer of wealth from one generation to the next. More recently, it has become an integral part of asset protection planning. […]

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The home sale income tax exclusion and asset protection

Asset protection is not about hiding your wealth from the IRS to avoid paying taxes. However, a comprehensive asset protection plan takes into account all legal avenues of protecting your wealth. Sometimes, you can use asset protection in conjunction with tax reduction strategies to maximize your benefits. One example of this is the income tax

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