Chapter 10 Drafting Family Limited Partnerships and Family Limited Liability Companies

Index

• Section 10.1 Introduction
• Section 10.2 Nontax Reasons for Family Limited Partnerships and Family Limited Liability Companies
• Section 10.3 Availability of Transfer Tax Discounts
• Section 10.4 Issues With Valuation Discounts
• Section 10.5 Formation of the Family Limited Partnership or Family Limited Liability Company
• Section 10.6 Selected Income Tax Issues With Respect to Family Limited Partnerships and Family Limited Liability Companies
• Section 10.7 Choice of Either Family Limited Partnership or Family Limited Liability Company
• Section 10.8 General Comments Concerning Forms
• Section 10.9 Limited Partnership Agreement
• Section 10.10 Certificate of Limited Partnership
• Section 10.11 Specific Comments to Family Limited Partnership Forms
• Section 10.12 Operating Agreement
• Section 10.13 Articles of Organization
• Section 10.14 Specific Comments to Family Limited Liability Company Forms