Masterclass in the Valuation of Family Limited Partnerships and LLCs (eLearning course)
As professional appraisal methodology has advanced, so has the valuation of family limited partnerships (FLPs) and limited liability companies (LLCs). Adopting an analytical method for valuing FLPs and LLCs using the income and market approaches allows appraisers to more accurately and objectively determine a value that can withstand the scrutiny of IRS challenges. Experts Bruce Johnson, Jim Park, and Spencer Jefferies conduct case studies to teach the best practices for valuing noncontrolling, nonmarketable FLP and LLC interests. In addition, an in-depth understanding of the Partnership Profiles marketplace will also be presented and practitioners will understand how to determine discounts for lack of control and lack of marketability for these entities and where to get objective data to support the calculation of value.
Highlights of the course include:
- Case Study
- Deep dive into the data with Bruce Johnson, Jim Park, and Spencer Jefferies
- Case Law Review
Start your eLearning course today and add new, valuable skills to your toolbox!
Course Syllabus
- Valuing FLPs using the traditional method
- The asset-based approach using a case study
- Relevant court cases
- Pitfalls of using general averages from studies and court cases
- Alternative approaches
- The income approach using case studies
- The market approach using case studies
- Determining a discount for lack of marketability
- Real estate, marketable securities, and mixed assets FLPs
- IRS challenges and court cases
Additional Course Details
BVR's eLearning courses are broken down into easy-to-understand modules, with quizzes throughout to test your learning and understanding of the topic. At the end of the course, you'll earn a Certificate of Knowledge to add to your arsenal of valuation accomplishments.
Software requirements: None
Prerequisites: None
Program level: Intermediate
Videos/Materials: 27 modules
Estimated time to complete course: 4 hours of video. Estimated 4.5 hours to complete.
CPE credits: There is no CPE available for this course.
Course authors/editors: Bruce Johnson, Jim Park, and Spencer Jefferies
eLearning FAQs
Q: How do I login to my eLearning course?
A: Login using your My BVR and click on the course from the product listing.
Q: What are the device requirements?
A: You can access BVR’s eLearning Center on a computer, tablet, or smartphone that is connected to the internet and has audio capabilities.
Q: When does an eLearning course expire?
A: Courses expire 365 days after purchase.
Q: Can I earn CPE for eLearning courses?
A: Currently there are no courses approved for CPE. CPE is subject to approval by NASBA and updated information will be noted in the "additional course details" section when available.
Q: How do I earn a Certificate of Knowledge?
A: Complete all required modules and pass the quizzes (70% pass rate or higher). Complete the course evaluation form at the end of the course, and a certificate will be emailed to you following verification of completion.
Q: Who do I contact for technical help, course feedback, or questions?
A: Please contact customerservice@bvresources.com or call +1-503-479-8200.
Q: What language is the course in?
A: The course is in English.
Q: Can I retake a quiz or test if I don’t pass it the first time?
A: Yes. You are able to retake quizzes and tests, and also go back and review the material as needed.
Q: What is your refund policy?
A: Business Valuation Resources offers a 100% money-back guarantee on our training services. If you are not completely satisfied with your experience, or have any feedback, please contact Business Valuation Resources at +1-503-479-8200 or cs@bvresources.com.