Our experience in structuring partnership to optimize the tax benefits for partners is extensive and draws from a deep well of knowledge of the Internal Revenue Code and the Treasury Regs.
Estel Law is capable of providing any of the following legal services for your partnership or LLC:
Structuring, restructuring or recapitalizing your partnerships, LLCs or other entities.
Drafting Partnership Agreements and LLC Operating Agreements.
Ensuring your Partnership Agreement or Operating Agreement has tax section that complies with the requirements of Treasury Regulation § 1.704-1(b)(2)(iv) regulations and associated regs for any Partnership Minimum Gain and/or Chargeback Provision.
Advising on and drafting grants of Profits Interest Awards in your LLC, including creating a distribution threshold based on a 409A valuation.
Advising on strategies for Investment Managers and drafting Investment Management Agreements for General Partners and fund Manager.
Advising on the tax, or other legal, considerations for any distributions to be made to the partners or any capital call required by the partners.
Advising on federal tax questions that arise in the ordinary course of your LLC or partnerships business, or during bankruptcy or any settlement or litigation.
Estel Law’s attorney has first hand experience for partnerships, which includes -
in 2025
Creating Operating Agreement and Profits Interest Award Agreement for emerging technological product company.
Engaging a 409A valuation company for client to have start up valued.
Advising on distributions of partnership payments to partners for capital accounts.
Reviewing tax returns Form 1065s and schedule K-1s to determine the partner’s share of liabilities.
Determining applicability of Section 165 loss rules in connection to partnership tax year deduction.
in 2024
Drafting Operating Agreements and Partnership Agreements for multi-million dollar investment portfolio.
Advising on the tax consequences for sale of a partnership interest in holding company.