For years promoters have touted the use of Family Limited Partnerships (FLP) as a tool for owning and protecting assets and providing a mechanism for passing them on to the next generation.  The FLP has been used so frequently that it could lead one to the impression that the FLP is a separate kind of entity.  It isn’t.  It is simply a Limited Partnership used for family purposes.  Similarly, the LLC is becoming used for family purposes, which has coined the usage of the Family LLC.

Read More→

• Two thirds of U.S. workers rate bosses highly, but 25% claim they can do the job better From CommerceClearinghouse: "Although nearly two-thirds (69 percent) of U.S. workers rate their supervisors as excellent or good, over a quarter (27 percent) believe that they can perform their bosses' jobs better than their bosses. Workers aged 18-29 and those earning less than $20,000 annually were more likely to make that......
• It's Only a 5% Discount! Here is a worthwhile piece of advice from Sierra Management Solutions on the potentially devastating impact of discounting on your company's bottom line: Problem: The CFO was worried. For the past six months the company's margins had been dropping and now they were at the point where something had to......

• Gift Of Equity
• Opt for Classic Corporate Holiday Gifts to Obtain Top of Mind Recall