LEGAL GUIDE
Written by attorney Constance D Smith | Apr 8, 2016

Family Partnership Discounts Lost Due to Poor Operations

Family Limited Partnerships require maintenance. Ignore them after formation, and you risk losing all the value you planned for. Regular collaborative reviews by accountants and attorneys of operations and reporting are required, along with good family management, to protect discounting in an IRS au

Rate this guide


Can’t find what you’re looking for?


Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer