A Family Limited Partnership (FLP) is a limited partnership made up of family members. The advantages of this kind of partnership are tax savings, asset protection, and asset control. FLPs allow ge… Read More
A guaranteed payment is a specific term in the Internal Revenue Code, which is defined as payments to a partner (in a partnership) or a member (in a limited liability company) in his or her partner… Read More
Bjornson Jones Mungas has been privileged to provide legal advice and counsel to countless businesses, banks and other organizations over our years of service. A selection of our representative clients appears below.