Family Limited Partnership (FLP) Valuations

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Family Limited Partnerships, or FLPs, are common and excellent estate-planning tools for family wealth management and can result in lower estate taxes. Through the use of carefully established discounts, FLPs enable family members to transfer limited partnership interests to other family members at significant tax savings.

The valuation professionals at Strategic Valuation Group have extensive experience in valuing FLPs. We understand the importance of properly interpreting the complex legal provisions that exist in partnership agreements. Armed with this understanding, we connect how these specific provisions impact value through fact-based modeling coupled with a sound understanding of the market data that underlies discounts. The result is a well-reasoned and defendable comprehensive business valuation report that can withstand intense IRS scrutiny.

You can trust the full time, qualified, and highly credentialed business appraisers at Strategic Valuation Group to deliver FLP appraisals of the highest quality.

• Retaining qualified, experienced legal counsel for design of appropriate partnership agreements.
• Retaining valuation expertise which is essential to compute, document and possibly to defend the discounts taken on these business interests. (The Internal Revenue Service considers the professional credentials and experience of the appraiser in determining which FLP valuations to challenge).
• Understanding that tax authorities will consider the depth, breadth, and quality of the valuation report submitted in assessing their potential for challenge.