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Overview of Combining Family Limited Partnerships and International Trusts

For maximum asset protection, we often recommend that the limited partnership interests be owned by an international asset protection trust.  Family members can be the general partners and control the partnership assets.  Upon any threat to the partnership, or its assets, the partnership simply liquidates.

Since the international trust would own most of the partnership interest, it would receive a corresponding share of the partnership assets upon liquidation.  The partnership proceeds entrusted internationally would enjoy considerably greater protection.  Moreover, since the trust owns the limited partnership interest, it would not be subject to a charging order from creditors of any family members involved in the partnership.

YES, YOU CAN LOSE EVERYTHING!

You may think that your wealth is safe and that you don't need protection.  But don't delude yourself and accept reality — for every 60 minutes you spend making money, spend 60 seconds thinking about how to protect it!

The Presser Law Firm, P.A. - Asset Protection Attorney
Located at 6199 N. Federal Highway Boca Raton, FL 33487. View Map
Phone: (561) 953-1050
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