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Don’t be flippant with your FLP

$225.00

SKU: TREas142. Category: .

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Abstract: For many wealthier individuals, family limited partnerships (FLPs) have become an estate planning basic. But the IRS continues to frequently challenge their validity in court, rejecting them as nothing more than disguised tax-avoidance vehicles. This article explains the benefits of an FLP, but also notes the rules that must be carefully followed to avoid a potential IRS challenge.

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