Limited Liability Companies
Limited Liability Companies have become an important component of estate planning, especially for people who own significant amounts of land or minerals. A Limited Liability Company can allow you to place restrictions on the sale or transfer of family land for generations and can insure that properties which are income producing do not become so high in value that they force a federal estate tax issue. We work closely with your accountant to devise an LLC which provides continuity of family ownership while creatively distributing the income from the property to the benefit of the original owners and subsequent generations. Limited Liability Companies can be used for investments and other assets. Please contact us to determine if this is an appropriate estate planning tool for your family.