Legal Knowledgebase

The Current State of Estate Planning With FLPs and LLCs

By Howard M. Zaritsky JD LLM

The donors, Thomas and Kim, a married couple, transferred a substantial quantity of the stock of Dell Corp. to a newly formed FLP and then made gifts of limited partnership units to a custodian for one of their children and the trustee of a trust for the benefit of all of their children.

Limited Access

This content is for InterActive Legal subscribers only.

If you are an InterActive Legal subscriber, please login to view this content.

If you are a non-drafting user, your access is limited to recommended software training classes.

Recommended Software Training for Non-Drafting Users

If your subscription has expired and you would like to renew, please email renewals@interactivelegal.com

If you need additional assistance, please email
customerservice@interactivelegal.com

Howard M. Zaritsky is an attorney who consults exclusively with other attorneys and estate planning professionals on estate tax and estate planning issues and serves as an expert witness on estate and trust administration and planning and related income, estate, gift and GST tax questions. He was for 20 years a partner in the Fairfax, Virginia law firm of Zaritsky & Zaritsky, where his practice was limited to estate planning and administration, and related tax matters.

Howard M. Zaritsky JD LLM 8 posts 0 comments

Howard M. Zaritsky is an attorney who consults exclusively with other attorneys and estate planning professionals on estate tax and estate planning issues and serves as an expert witness on estate and trust administration and planning and related income, estate, gift and GST tax questions. He was for 20 years a partner in the Fairfax, Virginia law firm of Zaritsky & Zaritsky, where his practice was limited to estate planning and administration, and related tax matters.

Before that, he was for eight years a legislation attorney for the Congressional Research Service, where his responsibilities included advising members of congress and committee staff on tax matters. He is a member of the Virginia State Bar and the Virginia Bar Association, and has been a lecturer at most major tax and estate planning institutes. He is the author or co-author of over 200 articles, three Tax Management Portfolios, and a dozen treatises.

You might also find these useful More from author

Comments are closed, but trackbacks and pingbacks are open.

Follow Us @heystudio