family partnership

family partnership
family partnership see partnership

Merriam-Webster’s Dictionary of Law. . 1996.

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  • family partnership — In tax law, partnership consisting of members of family and such members shall include only a spouse, ancestors, lineal descendants, and any trusts for the benefit of such persons. I.R.C. No. 704(e) One which family members control by being… …   Black's law dictionary

  • family partnership — In tax law, partnership consisting of members of family and such members shall include only a spouse, ancestors, lineal descendants, and any trusts for the benefit of such persons. I.R.C. No. 704(e) One which family members control by being… …   Black's law dictionary

  • National Family Partnership — The National Family Partnership (NFP), formerly known as the National Federation of Parents for Drug Free Youth, was created in 1980 by parents across America in response to the rising level of youth drug use. The Partnership also assists in… …   Wikipedia

  • Nurse-Family Partnership — ist der Name eines kompensatorischen Programmes in den Vereinigten Staaten. Im Rahmen der Nurse Family Partnership besuchen eigens dafür geschulte Krankenschwestern sozial schwache Frauen. Sie besuchen sie ungefähr ein mal im Monat während der… …   Deutsch Wikipedia

  • partnership — part·ner·ship n: an association of two or more persons or entities that conduct a business for profit as co owners see also uniform partnership act in the important laws section compare corporation, joint venture, sole pro …   Law dictionary

  • Family Living Partnership — Family Limited Partnerships (commonly called FLPs) are frequently used to move wealth from one generation to another. Partners are either General Partners (GP) or Limited Partners (LP). One or more General Partners are responsible for managing… …   Wikipedia

  • family limited partnership — A type of partnership comprising only related family members, usually created by parents in order to pass on a family business or investments to their childern. It provides significant federal gift and estate tax benefits because members of a… …   Law dictionary

  • family farmer — Under Title 11 U.S.C. Section 101: (18) The term family farmer means (A) individual or individual and spouse engaged in a farming operation whose aggregate debts do not exceed $3,237,000 and not less than 50 percent of whose aggregate… …   Glossary of Bankruptcy

  • family fisherman — Under Title 11 U.S.C. Section 101: (19A) The term family fisherman means (A) an individual or individual and spouse engaged in a commercial fishing operation (i) whose aggregate debts do not exceed $1,500,000 and not less than 80 percent of whose …   Glossary of Bankruptcy

  • Partnership — Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint possession or… …   The Collaborative International Dictionary of English

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