Final answer:
The statement is false as all financial factors, including existing liens, must be considered when evaluating an FLP property for inventory to determine the accurate net value.
Step-by-step explanation:
The statement that the amount of prior liens against a property should not be considered when evaluating whether a Family Limited Partnership (FLP) property should be taken into inventory is false. In most cases, all financial factors, including existing liens, should be thoroughly reviewed to determine the net value of the property. When evaluating an asset for a FLP or during estate planning, it is crucial to understand all the liabilities attached to the asset, as they will affect the overall financial standing of the partnership and the aspects of future transactions.