This is a complete resource covering all the practical tips needed to guide clients in forming and operating partnerships.
This handbook contains a detailed analysis of partnerships and a wealth of practical tips on the formation of general and limited partnerships, limited liability partnerships, family limited partnerships, partnership agreements, statutory dissociation, and winding up. It also contains a discussion of the Uniform Limited Partnership Act (2001), a discussion of the Uniform Partnership Act (1997), and an analysis of cases in which the IRS has zeroed in on family limited partnerships. Additional resources include extensive sample partnership agreements, valuable forms, and sample language.
Chapter 1 — Formation of General and Limited Partnerships in Illinois and Income Tax Aspects
John B. Waters, Roetzel & Andress, LPA, Chicago
Chapter 2 — Partnership Agreements
John B. Waters, Roetzel & Andress, LPA, Chicago
Chapter 3 — Statutory Dissociation and Winding Up
James W. Dodge, Professor, Purdue Global Law School, Springfield
Chapter 4 — Limited Liability Partnerships
James W. Dodge, Professor, Purdue Global Law School, Springfield
Chapter 5 — Family Limited Partnerships
Kirk A. Hoopingarner, Quarles & Brady LLP, Chicago
