Although a sub-section of the estate and tax panning spectrum, the valuation of Family Limited Partnerships and Limited Liability Companies taxed as partnerships IS unique.
With FLP valuations, a thorough understanding of the:
⦁ Provisions in the FLP agreement,
⦁ The rights and preferences as well as the restrictions and limitations associated with the interest being valued, and
⦁ Various court case and revenue rulings , for proper quantification and justification of appropriate valuation adjustments
Omega Valuations understands these issues and uses a combination of extensive experience, empirical research, best practices and industry accepted databases to quantify its valuation discounts.