FAQ

This month we are discussing small businesses and the tax implications of transferring a family-owned business to another family member. Today’s topic is family limited partnerships. Question: What is a family limited partnership, and will it help reduce estate taxes? Answer: A family limited partnership (FLP) is a partnership created...

Today, women have more financial responsibilities than ever before. How will your family or loved ones manage financially if you die? Whether you are single, married, employed, or a stay-at-home mom, you probably need life insurance. At the very least, life insurance can help pay...