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Family limited partnerships, or FLPs, are effective estate-planning tools to protect assets and reduce the taxable estate of senior family members. FLPs can save families thousands of dollars in taxes, can protect assets from creditors and, best of all, can be amended from time to time, thus providing flexibility and control.
Before forming an FLP, discuss your situation, goals and assets with an attorney who is knowledgeable about FLPs and other estate-planning options to ensure that an FLP is the best way to accomplish your goals and that one is prepared correctly.
With offices in New York City and throughout Long Island, serving clients from the East End of Montauk Point in Suffolk County, through Garden City in Nassau County and to the tip of Manhattan, the New York York City Family Limited Partnership Attorneys at Leeds, Morelli & Brown, P.C. have the experience and knowledge to assist you with your asset-protection needs. We will take the time to properly analyze your situation and understand your asset-protection goals, and we will present you with your options, which may include a family limited partnership.
With experience counseling individuals concerned with protecting their assets, Leeds, Morelli & Brown provides you with the advice and service you expect from one of New York’s most prestigious law firms. When you retain our services, you become part of our family, and that is a lifetime commitment for our attorneys.
Additional benefits include our nationally renowned litigation team, which has the experience to protect your assets and your family limited partnership.
In addition to our asset protection services, we provide a full range of estate-planning services, including:
To ask questions about a family limited partnership and asset protection or to discuss how you could benefit from a family limited partnership, please schedule a confidential consultation with an experienced Long Island Family Limited Partnership Attorney at Leeds, Morelli & Brown by calling us at 516-873-9550 or toll free 1-800-585-4658. If you prefer, you may fill out our online form and we will contact you to schedule a consultation. When you work with us, you are part of our family, and our lawyers will do what it takes to make life as easy as possible for you.
The keys to our success are hard work, dedication and outstanding client service. We try to accommodate clients by offering extended office hours, Spanish translation services and flexibility with client payment terms. Leeds Morelli & Brown has offices in Nassau County and represents clients throughout Long Island, including Suffolk County.