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Family Limited Partnership


Family Limited Partnerships (commonly called FLPs) are frequently used to move wealth from one generation to another. Partners are either General Partners ...

FLP: What is a Family Limited Partnership and How Can It Save ...


Learn about what a Family Limited Partnership is and How Can It Save Your Family Money at LegalZoom.com.

Family Limited Partnerships In Estate Planning


This outline discusses the basics of family limited partnerships and describes some .... corporate shareholders) are not generally liable for the debts of the LLC.

James Mortellite | Mortgage Equity Partners


For over 18 years, Jim Mortellite has been a leader in the New England mortgage marketplace. Jim's unique perspective and his understanding of the intricacies ...

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Family Partnership Valuation Discounts Approved By Tax Court


Jan 2, 2016 ... Family Partnership Valuation Discounts Approved By Tax Court ... At the time of her death Mrs. Purdue owned about 25% of the LLC, 42% was ...

What Is a Family Limited Partnership (FLP) - Pros & Cons


Learn more about the Family Limited Partnership (FLP) - including pros & cons and how it can help you protect assets among family members.