Product Description: Designed for entrepreneurs and individuals interested in starting their own business, this book provides an indepth study of how the special characteristics of limited partnerships and limited liability companies may be used to your advantage and to assist you in protecting assets, managing wealth and strategic estate planning to minimize taxes. It features strategic uses of limited liability companies and limited partnerships to hold real estate and other assets, how to easily manage and operate a limited liability company or limited partnership, how to creatively plan for your future and your family's future, and how to follow the rules to keep your assets protected.
Knowledge is power! This book is a must-read for anyone interested in starting a business as either an LLC or LP entity. It covers all the basics in layman's terms, and helps prepare the reader for any number of possible occurrences. After reading this book you may feel ready to form your business entity, or you may still wish to speak with an attorney. Either way you will be informed so that you know what questions to ask and how to move forward.
excellent covers what u need 2 know. Back it up with pro advice pertinent 2 ur area.
Excellent Book! Using this book---and perhaps, a Nolo book or two---you can set up your own wealth protection plan, and assure that the lion's share of your assets will actually past to your intended beneficiaries---not to the government. Sutton writes at the perfect level for the intelligent layperson---not "for dummies", but also, not in unintelligible "legalese".
Another nice touch: although he does mention the various services his firm provides, the usefulness of this book is not at all dependent on that. (Although, after reading this book, I think you will conclude that Sutton is a very knowledgable, and reasonable person, and that using his services may not be a bad idea at all.)
In short, this book actually delivers what so many others only promise.
Limited Liability Partnerships and Companies Very good book. I love the real life situation, if there is a book were you ever asked "I wish they had my situation," this would be it.
Great book for the layman This book covers everything I wanted to know and more. It will be a constant reference book for me.