- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Thanks for the response. A few clarifications: The partnership agreement allows limited partners to gift/bequeath their interest to their descendants or other partners; and I was the executor and sole heir to my parent's estate. The other partners and myself all were in agreement that I would "inherit" my parent's interest in the partnership.
Given all that, I still don't know the answer to my original question -- what do I do with their Capital balance at the end of 2021 that did not transfer to 2022? I appreciate any insight.
‎February 3, 2023
1:09 PM