This 1.75-hour February 25, 2010 talk by Louis A. Mezzullo, Esquire, a partner in the Rancho Santa Fe, CA offices of the Luce Forward law firm, gives a detailed explanation and analysis of five very important cases relating to the use of Family Limited Partnerships (FLPs) and Limited Liability Companies (LLCs) to obtain valuation discounts for Federal transfer tax purposes. These cases were decided since Mr. Mezzullo's March 17, 2009 presentation, entitled "FLPs/LLCs: Important Recent Cases”.

Major topics include:

• Estate of Christiansen v. Commissioner

• Petter v. Commissioner

• Black v. Commissioner

• Price v. Commissioner

• Shurtz v. Commissioner