Family Limited Partnerships: Let's get ready to rumble!

Business Valuation UpdateVol. 3 No. 10
Special Reports
October 1997
Butch Williams
family limited partnership (FLP), net asset value, internal revenue service (IRS), technical advice memoranda (TAM)


The surge in popularity of family limited partnerships ("FLPs") over the past two years has provided both problems and opportunities for the valuation analyst. Due to the significant impact that these ...