Category: Family

When youre on holiday, you want to find activities that the whole family can take part in and enjoy thoroughly, and theme and amusement parks of course offer fun and excitement for those of all ages. With something to suit a whole range of tastes in Majorca, family holidays which take in the islands theme parks, zoos and aquariums can be an absolute blast and will certainly keep the little ones entertained.

Looking for Something Wet And Wild?

If there is one thing that Majorca is not short of, it is water parks, and in the heat of summer what better way to cool off and enjoy the thrill of the rides? Western Park, located close to and directly west of Palma, offers one of the best experiences on the island for water-loving thrill seekers. The Kamikaze water slide, which plunges from a height of over 30 metres, is sure to take your breath away, but if you prefer to experience your thrills en famille, the 260 metre-long Mega slide lets the whole family jump in a raft together. These and a whole range of other water slides are not the only attraction of Western Park, however, as it is also based on a Wild West theme. With Wild West shows offering the chance to watch everything from shoot-outs to singing, and the spectacular Wheel of Death and Western Divers shows, a day simply isnt long enough to take in all the great attractions. Aqualand Magaluf is another of the islands water parks and this, along with the Hidropark in Alcudia, offers hours of fun and entertainment for children and adults alike during their stay in Majorca. Family holidays just wont be complete without taking in at least one of these wet and wild attractions.

From the Wild West to Wild Animals!

Whether monkeys or piranhas are your thing, youll be able to find these and many more exciting animals at the variety of wildlife parks, zoos and aquariums in Majorca. Family holidays with small children certainly wont leave you scratching your head for ideas and the Mallorca Aquarium, located in Porto Cristo and covering an area of over 2,000 square metres over two floors, on its own offers one hundred and fifteen displays of species from all over the world. Marine Land in Calvia meanwhile, will have youngsters captivated by the spectacular dolphin and sea lion shows and you can even watch the dolphins frolicking underwater from the underwater tunnel. If a safari is more up your street, then the Auto Safari Zoo on the outskirts of Sa Coma should be ideal. Whether you choose to go by car or to hop on the zoos mini train, you can experience the thrill of seeing everything from giraffes and elephants to zebras, lions, tigers and a whole host of other big cats oh, and windscreen wiper-eating monkeys too of course!

Bring Out the Competitive Spirit in a Round or Two of Mini Golf!

The fantastic thing about mini-golf is the fact that the whole family can join in and have fun. Located at Palma Nova and set in a tropical parkland with waterfalls, caves and lakes, Golf Fantasia offers no less than three 18-hole mini golf courses and the opportunity to spend a full and fun-packed day in Majorca. Family holidays in the area certainly shouldnt miss out on this wonderful attraction; but Dads, just make sure that you let the kids win every now and again!

Placing farm property in a trust-owned limited liability company (LLC) is often a key component of protecting a family farm against estate tax laws, creditors, law suits, nursing homes and other risks so it can continue to be enjoyed by future generations. Specifically, the LLC holding your farm property must be owned by an irrevocable trust.

If youre a farmer in Ohio, undoubtedly youve worked hard for the success of that farm and you want that hard work to benefit your family for many generations to come. Unfortunately, state and federal estate tax laws, debt obligations, nursing homes and other factors can put your farm at risk upon your death if proper succession planning is not in place.

While proper succession planning consists of many parts, an important part is often to create an irrevocable trust to own the LLC holding your Ohio or Dayton real estate. A lawyer can help you with this by drawing up the necessary legal documents that form the irrevocable trust, designate the beneficiaries, and describe what is to happen to the property and LLC upon your death.
Property in a Trust-Owned Limited Liability Company is Protected Against Most Debts and Lawsuits; Estate Taxes can be Minimized
By placing your farm property in a trust-owned LLC, the property becomes owned by the LLC, which is a legal entity just like a corporation, rather than being owned by you. Since you dont own it any more, the property is protected from many forms of debt and lawsuits. The irrevocable trust that owns the LLC adds another layer of protection and ensures that the LLC and property it holds is passed on to your chosen beneficiaries.

To more fully protect your Ohio or Dayton real estate, a lawyer with expertise in estate planning and business law can draft legal documents to create limited liability corporations, insurance trusts and other entities that work together to protect your farming business and personal assets for inheritance by your family.

Farm property in a trust-owned LLC can also avoid estate taxes. Estate tax law usually takes effect when property transfers to the beneficiaries. However, the legal documents for your irrevocable trust can specify that your beneficiaries can make use of the property while ownership is retained by the irrevocable trust and the LLC. Since the property is never transferred to the beneficiaries, estate tax laws never come into play.

Placing property in a trust-owned limited liability company is just one tool used to minimize estate taxes and other risks to your Ohio or Dayton real estate. A lawyer knowledgeable in succession planning and estate planning can show you additional ways to help you prepare a complete succession plan for your farm.

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