Navigating Murky Waters - Surviving the Internal Revenue Code's Partnership Distribution Rules
Bruce J. Belman
44 PROBATE& PROPERTY SEPTEMBER/OCTOBER 2005 Navigating MurkyWaters Surviving the Internal Revenue Code’s Partnership Distribution Rules By Bruce J. BelmanPROBATE& PROPERTY SEPTEMBER/OCTOBER 2005 45 Business entities taxed as partnersship have become much more popular since the advent of the limited liability company and the promulgation of the “check-theboox regulations. Also, family limited partnerships have served as a populla estate planning tool over the last decade by providing taxpayers...