Estate Tax Planning & Family Limited Partnerships

Jack Prot

The general partner(s) manage the assets contributed to the family limited partnership. Limited partners generally have no rights with respect to the assets held by the FLP. The lack of Marketability and the fractional ownership of the limited partnership interests held by the limited partners are two of the well-established […]

How Much Is Your Reputation Worth to Your Bottom Line?

Jack Prot

Probably much more than you think and a new survey, which revealed that only one in four people believe that business leaders will tell the truth, should give even the most apparently popular of Chief Executives considerable pause for thought. Trust in business leaders has hit its lowest ever score […]

Advocating to Preserve the Grandparent-Grandchild Bond

Jack Prot

“I never thought this would happen to me and when it did, I thought that I was the only one!” cried yet another orphaned grandma. How could grandparenting, such a normal part of the life cycle, be so fragile? Disenfranchised grandparents are part of a growing population of loving grandparents […]

Advantages of Buying Certificates of Deposits

Jack Prot

There are many reasons that the advantages of certificates of deposits are compelling. In today’s market and economic situation, those reasons only get better. The advantages of a CD are many and long gone are the days when only farmers wanting to stash their money until they purchase their spring […]

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