FLP CLE

The National Constitution Center is sponsoring a live audio conference entitled Family Limited Partnerships: Preserve Client Wealth; Ensure IRS Compliance on Wednesday, August 30, 2006, starting at 1:00 p.m. EST.

Here is a description of the program:

The family limited partnership is a highly efficient estate planning tool, and is becoming increasingly scrutinized by the Internal Revenue Service. Join us for a 60-minute audio conference where you and your colleagues will discover:

• Steps you must take to avoid a potential IRS audit while creating an FLP
• Key changes in tax laws which make FLP an effective estate planning tool
• How to identify a client’s needs and establish the right partnership
• Strategies to establish solid creditor protection for your clients

The speaker is Trust and estate law expert, Arthur D. Sederbaum, who is a partner in Patterson, Belknap, Webb & Tyler LLP in New York City.