A partnership in which parents often act as general partners, while the children are the limited partners. Partnership interests are gifted to children at a discount due to illiquid nature of assets and/or minority discount. A useful tool for reducing one's taxable estate.

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For additional information, please contact:
In Delaware, Amy Brown at 302.888.7740 | abrown@christianatrust.com
In Nevada, Doris Krick at 702.732.9734 | dkrick@christianatrust.com

Not FDIC Insured. May lose value. No bank guarantee.