So it's time to Terminate your FLP?

Sometimes people want to terminate or simplify a Family Limited Partnership. This could be because of the needs of the limited partners, or the benefits it provides are no longer necessary. This “backroom” paper goes through 11 ways of simplifying or terminating the FLP, depending on the results you want to achieve. This is a technical piece of work and is the result of 100 of professional hours of discussing and researching the pros and cons of various ways of accomplishing this goal.