The Comprehensive Guide for the Valuation of Family Limited Partnerships, written by Bruce Johnson, Jim Park and Spencer Jefferies, was originally published in 2001 and is now in its 5th Edition. The book provides a step-by-step guide on valuing noncontrolling interests in limited partnerships and similar entities, and is widely used by valuation practitioners around the country. The 5th Edition is a comprehensive update and many of the changes are based on the authors' experience handling IRS audits regarding discounts for lack of control and marketability. For more information or to purchase the book, please click the following link to PartnershipProfiles.com.

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