A few weeks ago (Protecting Your Assets Even While Getting Rid of Them) I wrote about using business entities to make asset gifts or sales. Something I didn’t mention then, but is critical in this discussion, is the need to keep in mind that the IRS and the courts use something called the “bona fide [...]
Filed under: Uncategorized | Tagged: arm's length transaction, asset protection, family limited partnerships, IRS, transfer assets | 7 Comments »
