Incentive distribution rights play an important part in the relationship between a master limited partnership, its general partner, and you, the limited partner. In this video, Fool.com contributor Aimee Duffy takes a look at how IDRs work, who pays them, who does not, and why investors should care.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool recommends Enterprise Products Partners L.P. and Kinder Morgan. The Motley Fool owns shares of Kinder Morgan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.