Jerald David August Presented at the American Law Institute CLE Webcast Event, "FLPs and LLCs: Update on Creating, Operating, and Unwinding"

On Wednesday, September 24, 2014, Jerald David August presented at the American Law Institute CLE Webcast Event, "FLPs and LLCs: Update on Creating, Operating, and Unwinding"

Family limited partnerships (FLPs) and limited liability companies (LLCs) continue to be powerful tools in wealth planning for high-net worth clients. A properly organized FLP or LLC can provide your affluent clients with a valuable asset management vehicle to transfer family assets, protect wealth from creditors, and take advantage of significant income and estate tax benefits.

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