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Family holding trust
| Глоссарий по оффшорам |
A trust that is created specificallyto hold the family`s assets consisting of real and/or personal property.
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Family limited partnership (flp), английский
A limited partnershipcreated for family estate planning and some asset protection. it is familycontrolled by the general partners. a highly appreciated asset istransferred into the flp to achieve a capital gains tax reduction. usually,the parents are the general partners holding a 1 to 2 percent interest. theother family members are the limited partners holding the balance of theinterest in the partnership.
Expatriation, английский
The removal of one’s legal residence or citizenship fromone country to another. expatriates from third world countries enter oecdcountries to search for better income opportunities than they can pursue athome. expatriates from oecd countries search for better capital preservationopportunities than they can pursue at home.
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