Partnerships, LLC’s, And Other Entity Creation

Serving Frederick & Montgomery Counties, and the surrounding Maryland communities

Partnerships, LLC’s,
and Other Entity Creation

Families with potential estate tax exposure in excess of what can be protected utilizing the basic estate tax exemptions may create a family partnership or similar entity that affords valuation discounts. The documents that spell out the rights of those owning interests in such an entity typically contain certain restrictions that make the value of an ownership interest less than it would otherwise be. This planning technique requires meticulous care in its creation and ongoing operation, in part because it is very often targeted and scrutinized closely by the Internal Revenue Service.

We also assist clients with the creation of Corporations and Limited Liability Companies for traditional income tax and liability protection purposes

Practice Areas

Estate Planning & Probate Services

Trusts

There are numerous types of trusts, but the one about which clients most commonly inquire is the revocable trust.

Planning For Incapacity

Planning addresses a broad range of scenarios that can impact a person's care and his or her assets both during life and after death.

Asset Protection

The desire to protect assets often extends beyond concerns related to taxes. At times, the objective is to protect assets for one's own benefit.

Tax Planning

Our tax planning services focus primarily on the effective use of our clients' estate and gift tax exemptions, and strategies to transfer assets.

Charitable Planning

Charitable giving in the context of estate and gift tax planning takes many forms, and as with most tax planning, ranges from simple, outright gifts and bequests...

Entity Creation

Partnerships...We also assist in creating Corporations and Limited Liability Companies for traditional income tax and liability protection purposes.

Estate Planning And Probate Services

Personalized Estate Planning and Probate Services tailored to your family's specific circumstances and needs, your assets and your goals.

Our Clients Recommend Us...

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