Shape Created with Sketch.

Case Study: Equity Sale of a Family Limited Partnership (FLP)


The majority partner of a family-owned consulting company wanted to sell his interest in the firm, retire comfortably and travel with family.  The company’s minority partners gladly banded together to purchase his partnership interest for $18 million. The only stumbling block for him to proceed with the sale, however, was more than $4.6 million in capital gains taxes he would have to pay.

TaxWealth Solution

Using a specially designed planning approach customized to his needs, his partnership interest is sold, the $4.6 million in federal and state taxes are eliminated entirely; receives nearly $3 million more than he would have gotten after-tax; gains an additional $378,900 in income tax savings; and he and his wife receive a lifetime income they can comfortably rely on for their retirement years.

Let's Talk

Thanks for stopping by! We're here to help, please don't hesitate to reach out.