Family Limited Partnership: Any Disadvantages?

Gene and his wife, Charlotte, own several prosperous restaurants in Port St. Lucie and Palm City, Florida. As they begin their annual estate plan review, they re-examine their goals. Their son, Grayson, helps manage the restaurants, but their daughter, Courtney, lives and works in Nevada. Gene and Charlotte want to make sure both their children and their grandchildren benefit from their success. They consult with Read More