Family Limited Partnership – A Useful Estate Planning Tool

Stephanie Loomis-Price (Attorney at Law, Baker Botts LLP) has recently published her articles entitled Family Limited Partnerships, RPPT eREPORT (2007).

Here is a summary of her article as posted on RPPT eREPORT.

Stephanie Loomis-Price offers a detailed outline of the Family Limited Partnership – from consideration of the FLP as an appropriate estate planning tool, through the formation of the partnership, concluding with the administration of the partnership and tax compliance issues.