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ProView Plus Print Drafting and Understanding Partnership and LLC Allocation and Distribution Provisions

Product details:

Format: Book and Electronic
Brand: Thomson West
Copyright: 2021
Service #: 30920462
Sub #: 30924226
Publication Frequency: Updated as changes in the law dictate
Update format: N/A

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ProView Plus Print Drafting and Understanding Partnership and LLC Allocation and Distribution Provisions

106689549

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106689549
106689549
Book and Electronic
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Drafting and Understanding Partnership and LLC Allocation and Distribution Provisions discusses how to draft and how to understand economic and tax allocation provisions in a partnership, limited partnership, or limited liability company agreement. This is a book for drafters of partnership and LLC agreements and for accountants preparing tax returns for partnerships and LLCs. It is a practical book to deal with real life drafting problems and tax return compliance problems. Partnership and LLC agreements are among the most challenging legal documents to draft and to understand. This book: Is a general introduction to principles of drafting partnership allocations and distribution provisions Is designed to be useful both to experienced drafters and to novices alike Provides general guidelines and simple provisions that novices can use in drafting partnership agreement allocation and distribution provisions Explores the nuances of complex allocation and distribution provisions Identifies more complicated areas that novices may wish to avoid