July 20, 2005

Mark Williamson Quoted in The New York Times

Mark Williamson is quoted in the article "Appeals Court Clarifies Rules on Family Limited Partnerships." The article addresses the U.S. Court of Appeals' (Fifth Circuit) decision that estate planners said "provided a road map of what not to do when using family limited partnerships." Mr. Williamson said "Obviously, the Internal Revenue Service never liked something where 30 to 40 percent of a taxable asset's value just sort of disappeared."
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