The Technique of the “Valuation Discount” For Family Limited Partnerships
The Family Limited Partnership ("FLP") is often used to transfer interests to family members on a "discounted" basis, thereby lowering or sometimes even eliminating transfer taxes. The idea is to use a "discount" so that the value of the property appears to appraisers to be much less than it is.Filed Under Earned Income Tax Credit | Comments Off
Tagged With Earned Income Tax Credit EITC