Generally structured as a Family Limited Partnership ("FLP") or a Delaware Business Trust ("DBT").

Offers various tax savings opportunities:

• Florida intangible tax avoidance;
• Non-Florida death tax avoidance on non-Florida real property; and
• Favorable vehicle for integrating with other tax savings techniques. Liability and asset protection; privacy.

Ease and flexibility in making gifts and managing assets.

Management can be retained or delegated and is quite flexible.

Equity ownership, management, and cash flow can be separated permitting management by some family members and not others, while cash flow and equity appreciation shifts to other family members.