FLP Formation in Delaware

Start a FLP in Delaware

Attorney handled filing in this state. Most owners choose a package below for stronger setup and ongoing protection.

Amerilawyer attorneys and legal team

Business Fundamentals

$883.97

Ideal for simple formations-includes state filing fees and effortless bank account setup.

Delaware state filing fee included

  • Family Limited Partnership
  • Federal Tax ID/EIN
  • PDF/Electronic Version + Secured Server Storage
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Indemnification Agreement and Covenant Not to Sue
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
  • State Payroll Taxes

4 protections not included. Upgrade to unlock.

Most Popular

Preferred

$1,262.51$1,328.965% Off

Designed for those seeking liability protection—includes state filing fees, tax-efficient setup, and attorney-drafted contracts to launch with confidence.

Delaware state filing fee included

  • Family Limited Partnership
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Federal Tax ID/EIN
  • Indemnification Agreement and Covenant Not to Sue
  • PDF/Electronic Version + Secured Server Storage
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
  • State Payroll Taxes

2 protections not included. Upgrade to unlock.

Full Protection

Premium

$1,526.36$1,695.9510% Off

Perfect for launching and growing a full-scale business—includes state filing fees and everything needed to start, run, and protect your company.

Delaware state filing fee included

  • Family Limited Partnership
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Federal Tax ID/EIN
  • Indemnification Agreement and Covenant Not to Sue
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
  • PDF/Electronic Version + Secured Server Storage
  • State Payroll Taxes

Need Something Tailored?

Corporate records book, seal, and formation documents

Included in Every Formation

What's Included on our Service Fee?

Your service fee covers the formal documents, certificates, and resolutions banks and government agencies actually ask for, not just a state filing receipt.

  • State Filing
  • Corporate or Company Seal
  • Records Book
  • Articles of Incorporation
  • Company & Corporate Minutes
  • Bylaws or LLC Regulations
  • Stock or Membership Certificates
  • Banking Resolution
  • Preliminary Name Search
  • EIN Filing Support

Benefits

Decades Of Filing Experience, Working For You.

Every formation is prepared, reviewed, and filed by a licensed legal team, the kind of accountability a DIY filing app can't offer.

We Don't File and Disappear

File and forget services are everywhere. We're still with you a year from now: banking setup, contract review, compliance reminders, and legal questions answered by a real attorney or paralegal.

Mary Spiegel attorney portrait

Mary Spiegel

President

Meet our attorneys

Attorney Reviewed

Every document is checked for accuracy before it leaves our desk.

Correct Filing Fees

We identify the right state filing fees for each entity required.

On Time Filing

Deadlines tracked for you, so you never incur penalties or late fees.

Amerilawyer Guarantee

Professional accountability you can't get when filing solo.

All States Covered

Multi state filings handled in a single, coordinated process.

Focus on Your Business

Hand off the paperwork and get back to what actually matters.

Amerilawyer

Let a Licensed Law Firm Handle Your Filing From Day One.

Licensed attorneys and paralegals prepare, review, and file your documents so nothing gets missed.

50
States covered
100%
Reviewed before filing
0
Penalties on our guarantee

Design Your Business Model

Select A Framework

Trust HoldingStructure

Trust
Holding LLC
Operating LLC

Holding CompanyStructure

Holding LLC
Operating LLC

Holding CompanyStructure With Subsidiary

Holding LLC
Operating LLC
Subsidiary

Don't see a framework that suits your needs? Feel free to create your own!

FAQ

Common Questions About Forming a Family Limited Partnership

Still have questions? Talk to an attorney!

A Family Limited Partnership is a Limited Partnership formed by family members to hold, manage, and transfer family assets across generations. Typically, parents or senior family members serve as general partners and retain control over the assets, while limited partnership interests are transferred to children or other family members over time. It is one of the most effective legal structures for estate planning, asset protection, and generational wealth transfer.

Families with significant assets: real estate portfolios, business interests, investment accounts, or other concentrated wealth, who want to transfer that wealth to the next generation in a controlled, tax efficient way. It is also used by business owners who want to begin transitioning ownership to family members while maintaining operational control during their lifetime.

When limited partnership interests are gifted to family members, those interests are often valued at a discount relative to the underlying assets because limited partners have no control and limited marketability. This valuation discount allows more wealth to be transferred within annual gift tax exclusions and reduces the taxable estate. The IRS has rules around this, and the structure must be properly implemented to withstand scrutiny.

Full operational control. General partners make all management decisions, control distributions, and direct how assets within the partnership are invested or used. Transferring limited partnership interests to family members does not dilute that control. The FLP allows wealth to move while authority stays in place.

Yes, with important limitations. Assets held inside the FLP are generally protected from the personal creditors of individual limited partners. A creditor who obtains a judgment against a limited partner typically cannot seize partnership assets directly; they may only be entitled to a charging order, which gives them a right to distributions but no control over the partnership. The FLP must be properly formed and operated for this protection to hold.

Real estate, investment portfolios, business interests, and cash are the most commonly transferred assets. Certain assets, such as retirement accounts and personal residences, generally should not be transferred into an FLP for tax and practical reasons. Your attorney and CPA will identify exactly which assets belong inside the structure and which do not.

We draft the partnership agreement, file the certificate of limited partnership with the state, establish the general and limited partner ownership structure, prepare the initial capital contributions, and coordinate with your estate planning attorney and CPA to ensure the FLP integrates correctly with your broader plan.

The partnership filing itself is typically completed within 5 to 7 business days. The partnership agreement and the asset transfer strategy require additional time and coordination with your advisors. Your attorney will walk you through the full timeline at the start of the engagement.