Family Limited Liability Companies

There are many occasions in which a transfer of wealth from one generation to another is desired to be accomplished.  There are a number of vehicles that can be used to accomplish this goal primarily the vehicle of choice today is the Family Limited Liability Company. Whether you're passing your wealth to a child, grandchild, or other family member, call Hoyt & Stanford to make sure it's done right.

Tax and Management Advantages

The use of such a vehicle has numerous tax advantages and management advantages which will allow it to be a useful tool to transfer wealth to a younger generation in the form of stock in the LLC rather than assets outright.

Ted W. Hoyt practices in Family Limited Liability Companies.

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