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PPC's Guide to Family Partnerships

PPC's Guide to Family Partnerships

Product Information

  • Frequency of Updates:

    Updated annually
  • Brand:
    Practitioners Publishing

Format

Price

Quantity

Book
1 Volume
Product Code:
XFLP
$230.00

Contact Your Account Manager to learn more about our Checkpoint online solutions

Increasing IRS scrutiny of family limited partnerships makes this Guide a valued addition to your library. PPC's Guide to Family Partnerships will help clients determine if a family partnership is appropriate with respect to each client's unique goals.

PPC's Guide to Family Partnerships discusses the advantages and disadvantages of family partnerships and family limited liability companies (FLLCs). It includes guidance on:

  • The formation of partnerships
  • Funding partnerships, including discussions on appropriate and inappropriate assets to transfer to family partnerships or FLLCs
  • Operating a family partnership or FLLC, including answers to questions regarding allocations among partners/members and distributions to partners/members
  • Income, gift, and estate tax considerations
  • Valuing gifts of partnership interests
  • Buy/sell agreements
  • Terminating a partnership

This Guide also provides numerous checklists and practice aids for practitioners to use when advising clients on properly forming, funding, and operating a family partnership or FLLC.

 

  • Family Partnerships
    • INTRODUCTORY MATERIAL
    • Chapter 1 A Model for Tax and Financial Planning Engagements
    • Chapter 2 When to Recommend a Family Partnership
    • Chapter 3 Forming and Funding a Family Partnership
    • Chapter 4 Gifts of Partnership Interests
    • Chapter 5 Operating the Family Partnership: Income Tax Considerations
    • Chapter 6 Planning for the Death Or Retirement of a Partner
    • Chapter 7 Advanced Planning Techniques Using Family Limited Partnerships
    • Chapter 8 Family Limited Liability Companies
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --I--
      • --L--
      • --M--
      • --P--
      • --R--
      • --S--
      • --T--
      • --V--
      • --W--
  • List of Substantive Changes and Additions View

DESCRIPTION

Contact Your Account Manager to learn more about our Checkpoint online solutions

Increasing IRS scrutiny of family limited partnerships makes this Guide a valued addition to your library. PPC's Guide to Family Partnerships will help clients determine if a family partnership is appropriate with respect to each client's unique goals.

PPC's Guide to Family Partnerships discusses the advantages and disadvantages of family partnerships and family limited liability companies (FLLCs). It includes guidance on:

  • The formation of partnerships
  • Funding partnerships, including discussions on appropriate and inappropriate assets to transfer to family partnerships or FLLCs
  • Operating a family partnership or FLLC, including answers to questions regarding allocations among partners/members and distributions to partners/members
  • Income, gift, and estate tax considerations
  • Valuing gifts of partnership interests
  • Buy/sell agreements
  • Terminating a partnership

This Guide also provides numerous checklists and practice aids for practitioners to use when advising clients on properly forming, funding, and operating a family partnership or FLLC.

 

TABLE OF CONTENT

  • Family Partnerships
    • INTRODUCTORY MATERIAL
    • Chapter 1 A Model for Tax and Financial Planning Engagements
    • Chapter 2 When to Recommend a Family Partnership
    • Chapter 3 Forming and Funding a Family Partnership
    • Chapter 4 Gifts of Partnership Interests
    • Chapter 5 Operating the Family Partnership: Income Tax Considerations
    • Chapter 6 Planning for the Death Or Retirement of a Partner
    • Chapter 7 Advanced Planning Techniques Using Family Limited Partnerships
    • Chapter 8 Family Limited Liability Companies
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --I--
      • --L--
      • --M--
      • --P--
      • --R--
      • --S--
      • --T--
      • --V--
      • --W--

RELATED RESOURCES

  • List of Substantive Changes and Additions View