Although a sub-section of the estate and tax panning spectrum, the valuation of Family Limited Partnerships and Limited Liability Companies taxed as partnerships are unique.

With FLP valuations, a thorough understanding of the:

(1) Provisions in the FLP agreement,

(2) The rights and preferences as well as the restrictions and limitations associated with the interest being valued, and

(3) Various court case and revenue rulings , for proper quantification and justification of appropriate valuation adjustments

Omega Valuations understands this and uses a combination of extensive experience, empirical research, best practices and industry accepted databases to quantify its valuation discounts.