Attended Legal Seminar - ? About 2 Structures...
Hi,
I just went to a short legal seminar where an attorney suggested the following structures and I was wondering if anyone had any comments or used any of these.
Charitable Remainder. Trust (CRT)- for income generating assets. Avoids all taxes on capital gains. --I had never heard of this one and am curious if it really avoids all capital gains as he indicated?--
Family Limited Partnership (FLP)- He recommended over an LLC because the FLP has been around forever and has more legal precedent.
Thanks[ Edited by viking777 on Date 03/20/2004 ]
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