A limited partnership can be a great tool to protect your assets and pass on wealth to future generations. Conceptually this is great but mechanically many owners of limited partnership become confused over the necessary steps not to mention the many possibilities that exist. For many owners of limited partnerships it is like owning a financial calculator to complete simple addition and subtraction problems. The true power of the tool is not being harnessed. With the Limited Partnership Operation Kit you will be guided through how to operate and take advantage of your limited partnership�s powers with an information packed DVD and accompanying Limited Partnership Manual.

The kit covers the following topics:

• How to fund and withdraw assets from a limited partnership
• How to admit new members
• How to sign on behalf of your limited partnership
• Why a corporation makes great sense as a general partner
• Tax aspects of funding and operating a limited partnership
• How to make distributions
• Loans, leases, and other methods of working with a limited partnership