EST2332. FLPs and FLLCs – Soup to Nuts and the Current State

This program will provide a review of the evolution of FLPs going back decades and the historical challenges to FLPs, the evolution of Sections 2036 challenges, the importance of the bonafide sale exception, "decontrol" considerations, and best practices for "stress testing" existing FLPs and potential fortification measures.

Learning Objectives:

• Analyze the historical challenges to FLPs and the evolution of Sections 2036 challenges.
• Identify the importance of the bonafide sale exception, "decontrol" considerations, and best practices for "stress testing" existing FLPs and potential fortification measures.