Family Limited Partnerships

Discounts attributed to the following entities were determined to range between 30-75% depending on the specific fact patterns and circumstances.

• $1,000,000 Real Estate Family Limited Partnership – 32% Minority and Marketability Discount Provided.
• $8,360,000 Real Estate Family Limited Partnership – 34% Minority and Marketability Discount Provided.
• $986,000 Valuation of Underlying Real Estate and Family Limited Partnership – 33% Discount Provided.
• $2,000,000 Public Securities Family Limited Partnership – 49% Minority & Marketability Discount.
• $70,000,000 Real Estate Limited Partnership containing 40 fee simple and partial interest apartment and industrial properties, – Estate Tax – 75% Minority and Lack of Marketability Discount provided.
• $3,300,000 Limited Partnership containing 128 unit apartment building – Estate & Gift Tax – 45% Minority and Marketability Discount Provided.
• $3,650,000 Limited Partnership containing a 248 unit apartment building – Estate & Gift Tax – 45% Minority and Marketability Discount Provided.
• $12,611,000 Limited Partnership containing industrial warehouse buildings – Estate & Gift Tax – 53% Minority and Marketability Discount Provided.
• $18,435,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 50% Minority and Marketability Discount Provided.
• $3,227,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 47% Minority and Marketability Discount Provided.
• $3,623,000 Limited Partnership containing portfolio of marketable securities – Estate & Gift Tax – 30% Minority and Marketability Discount Provided.
• $7,260,000 Limited Partnership containing retail buildings – Estate & Gift Tax – 55% Minority and Marketability Discount Provided.
• $14,880,000 Limited Partnership containing portfolio of marketable securities – Estate & Gift Tax – 30% Minority and Marketability Discount Provided.
• $9,337,000 Limited Partnership containing portfolio of marketable securities – Estate & Gift Tax – 23% Minority and Marketability Discount Provided.
• $1,469,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 52% Minority and Marketability Discount Provided.
• $4,750,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 44.75% Minority and Marketability Discount Provided.
• $4,260,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 38% Minority and Marketability Discount Provided.
• $1,305,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 60% Minority and Marketability Discount Provided.
• $4,020,000 Limited Partnership containing multi-family residential buildings – Estate & Gift Tax – 40% Minority and Marketability Discount Provided.
• $29,790,000 Limited Partnership containing raw land – Estate & Gift Tax – 55% Minority and Marketability Discount Provided.
• $12,194,000 Limited Partnership containing Multi-tiered LP holding real property and marketable securities – Estate & Gift Tax – 40% Minority and Marketability Discount Provided.
• $8,789,000 Limited Partnership containing office buildings – Estate & Gift Tax – 42% Minority and Marketability Discount Provided.
• $1,864,000 Limited Partnership containing vacant land and mineral rights – Estate & Gift Tax – 54% Minority and Marketability Discount Provided.
• $5,813,000 Limited Partnership containing Multi-tiered LP holding undivided partial interest in real property and real property LPs – Estate & Gift Tax – 35% Minority and Marketability Discount Provided.
• $7,835,000 Limited Partnership containing Multi-tiered LP holding real property LPs and marketable securities – Estate & Gift Tax – 38% Minority and Marketability Discount Provided.
• $15,851,000 Limited Partnership containing retail, office, strip malls and medical office buildings – Estate & Gift Tax – 42% Minority and Marketability Discount Provided.
• $5,367,000 Limited Partnership containing mobile home parks – Estate & Gift Tax – 38% Minority and Marketability Discount Provided.
• $23,469,000 Limited Partnership containing portfolio of marketable bond securities – Estate & Gift Tax – 38% Minority and Marketability Discount Provided.