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Date: Mon, 6 Nov 2006 11:05:10 -0600
From: "Don" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Family unlimited partnership.
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 wrote in message 
news:1162772985.037603.251780@e3g2000cwe.googlegroups.com...

> Just went to financial planning seminar and heard someone tout this
> vehicle, more secure than a revocable trust.  Do families need this to
> protect assets, mainly against lawsuits?

In addition to the usual research you should always do before making any 
investment, here are two questions that you should be sure to ask about 
limited partnerships:

1. If you decide at some time in the future to sell, how much money do you 
get back? Any penalties? Any special costs in selling?

2. How long does it take to sell?