Marion Paige (Admin)
Username: Admin
Registered: 4-2003
| | Posted on Monday, July 05, 2010 - 11:10 pm: | |
The never ending drumbeat about the tax and estate planning advantages of marriage is enough to make your f*cking ears bleed.
The simple fact of the matter is that "in order to pimp the fantasy that Gay People are being denied all of these tax and estate planning advantages because Gays can't marry", the media and gay marriage activists must actively suppress the fact that most people who are married don't rely on their marriage licenses for tax and estate planning.
Tax and estate planning is an INDUSTRY, an INDUSTRY of Professionals who do a lot more for their clients than telling them all to: "Go Get Married".
Family Limited Partnerships have been a basic tool used for estate planning by wealthy couples FOR DECADES. For decades, Family LPs and Family LLCs have been used for tax and estate planning purposes for married couples. So,
Gay People who marry, more likely than not, will have to turn to Family LPs and Family LLCs, just like married couples, if they want to truly get the full tax and estate planning benefits married couples have.
Family LPs / Family LLCs
Two people who are married are basically liable for each other's welfare. This is the reason why tax and estate planning professionals have no problem using the Family LP for married couples and their children.
We do not advocate the use of Family LPs and Family LLCs for peolpe who are not married as these vehicles generally involve transferring substantial assets into a Family Limited Partnership or a Family Limited Liability Company, something that is not done with a Relationship LLC. |
