Family Limited Partnerships in New York
Family Limited Partnerships (FLPs) in New York: Maintaining Control and Providing Asset Protection for Your Family’s Future For families with significant assets, particularly family businesses or real estate holdings, planning for the future requires sophisticated strategies that go beyond simple wills. A Family Limited Partnership (FLP) is a powerful estate planning tool that allows you […]
Grantor Retained Annuity Trusts (GRATs) in New York
Grantor Retained Annuity Trusts (GRATs) in New York: A Sophisticated Gifting Technique for Estate Tax Reduction in 2025 For high-net-worth individuals in New York, minimizing estate taxes and maximizing the wealth passed on to future generations is a primary concern. A Grantor Retained Annuity Trust (GRAT) is a sophisticated estate planning technique that can help […]