Many new businesses chose to establish limited liability companies (LLC) because of the protection from individual liability, the benefit of pass-through taxation, and the form’s inherent flexibility.

Most practitioners have now heard of “series” limited liability companies. Series companies (and series partnerships) have been around for quite some time now in Delaware and are becoming more ...

Businesses and corporations must determine the type of incorporation and tax vesting, and each structure has distinct advantages and disadvantages for the firm. Businesses must carefully evaluate how ...

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Eight states allow the formation of series LLCs (Delaware, Illinois, Iowa, Nevada, Oklahoma, Tennessee, Texas and Utah). A series LLC consists of a “master” LLC with one or more series of members, ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

Recently issued proposed regulations on domestic series limited liability companies should help give taxpayers and their advisors a bit more confidence in using series LLCs as a method of dividing a ...

Our great nation provides an environment where you can turn your business dreams into a reality with a good idea, hard work, persistence and a little luck. Some seem to be born for business and look ...

Series trusts, limited partnerships and limited liability companies have been a feature of certain business sectors for years. The series concept originated in the mutual fund and captive insurance ...