Readers respond.

• Author: Lichty, John A.
• Position: Letter to the Editor

I am no authority on estate planning using FLPs and LLCs but I have used these vehicles in helping clients plan their estates for the future. I feel that the title "FLPs and LLCs At Risk" (September 2003) is very misleading, possibly on purpose, and I take offense at this type of editorial license. The basic premise of the cases related to "bad" FLPs and LLCs is that the entities were poorly designed and the operation of the entity was flawed from the outset. I don't feel that even one of the cases referred to in the article was properly designed or operated.

Some of my clients formed these planning vehicles a number of years ago and have operated them based upon a sound understanding of...