Does anyone have any experience with this? I don't want any money from the other partners, I just want to separate my finances and taxes from my cousins. Its really more an issue of legal exposure than money.

And can anyone recommend a N La tax attorney with a background in this sort of thing.

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Posted by OTIS2

NoLA

Member since Jul 2008

50066 posts

Posted on 12/5/12 at 9:51 am to shinerfan

Whre are you? And where are you willing to drive for advice?

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Posted by shinerfan

Duckworld(Earth-616)

Member since Sep 2009

22169 posts

Posted on 12/5/12 at 10:11 am to OTIS2

Monroe would be ideal but I'm in Shreveport a couple of days a week anyway.

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Posted by Meauxjeaux

98836 posts including my alters

Member since Jun 2005

39818 posts

Posted on 12/5/12 at 10:49 am to shinerfan

Not knowing the specifics of family farm partnerships, if it's possible, can you substitute a business or a trust for your part of the partnership?

IE - have Joe Blow person assign his interests in the family farm partnership to Joe Blow Family Farmer, LLC...

Something along those lines.

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Posted by OTIS2

NoLA

Member since Jul 2008

50066 posts

Posted on 12/5/12 at 11:07 am to shinerfan

There are several good tax specialists in Monroe. Do you not know someone who can give you a referral?

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Posted by shinerfan

Duckworld(Earth-616)

Member since Sep 2009

22169 posts

Posted on 12/5/12 at 11:22 am to OTIS2

I've always relied on the family's attorney but he's kneedeep in some things that strike me as well beyond shady. In particular, questionable dealings that have zero benefit for me. I'm looking for a way to separate myself without turning a spotlight on the cousins.

This post was edited on 12/5/12 at 11:27 am

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Posted by OTIS2

NoLA

Member since Jul 2008

50066 posts

Posted on 12/5/12 at 4:21 pm to shinerfan

Brooks Watson or John Luffey,Jr. Either is very good.

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Posted by TIGRLEE