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Articles of Limited Partnership
Articles of Limited Partnership - Trends
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Some of the hardest decisions a family can make are how to handle money, property and other family investments. An answer to these difficult questions, especially for families with considerable real estate holdings, is establishing a Family Limited Partnership (FLP). When used properly, an FLP can be very profitable and save families thousands of dollars in gift and estate taxes. FLPs provide both protection from creditors and flexibility not found in other trusts, as it can be amended or changed. What is an FLP? An FLP is a limited partnership controlled by members of a family; like other limited partnerships, an FLP consists ...
Finding a site for your business is crucial. In the retail business, your sales potential depends on your location. Like a tree, a store draws its nourishment from the area around it. A storeowner is already half-successful if he sets up shop in a good place. You must also be able to recognize factors in some sites that are detrimental to your business. Among these are: smoke, dust, disagreeable odors and noises, proximity to garages, hospitals, drinking places and similar establishments, poor sidewalks, and old, run-down buildings. Some guidelines to help you find a good location: a. Know ... Read More
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