Indiana Allows Series LLC: How to Set One Up, Benefits, and More

Does Indiana allow series LLC? [1] The following states and U.S. territories recognize Series LLCs: Alabama, Delaware, District of Columbia, Illinois, Indiana, Iowa, Kansas, Missouri, Montana, Nevada, Oklahoma, Tennessee, Texas, Utah, and Puerto Rico. Read more on rbelaw.com One of the few states in the union that permits the creation of a series LLC is … Read more

The Advantages of Having an LLC: Protecting Your Business and Personal Assets

What are the 2 main advantages of having an LLC? Structuring your business as an LLC offers a number of advantages. Limited liability. Members aren’t personally liable for actions of the company. Management flexibility. Easy startup and upkeep. Limited liability has limits. Self-employment tax. Consequences of member turnover. Read more on www.nerdwallet.com Making ensuring you … Read more

Is an Operating Agreement Required for an LLC in Louisiana?

Is an Operating Agreement required for an LLC in Louisiana? Every Louisiana LLC owner should have an operating agreement in place to protect the operations of their business. While not legally required by the state, having an operating agreement will set clear rules and expectations for your LLC while establishing your credibility as a legal … Read more

Understanding the Purpose of a Series LLC

What is the purpose of a Series LLC? With a Series LLC, a holding company can hold all individual businesses under a single umbrella while mitigating the risk of one business’ assets being used to satisfy the debts or liabilities incurred by another of its businesses. Read more on www.wolterskluwer.com An original kind of Limited … Read more

Can a Parent Company be an LLC?

Can a parent company be an LLC? An LLC can be organized as a parent company using trade names. When a business wants to acquire another company, they often use parent corporations. Since an LLC (unlike a partnership or sole proprietorship) is a type of corporation, it can be used as a parent company. Read … Read more

Why Wyoming is a Great State for LLC Formation

Many business owners seeking to establish an LLC now find Wyoming to be an alluring state. Wyoming is a fantastic state to incorporate an LLC for a number of reasons. Favorable tax rules, robust asset protection regulations, and anonymity are a few of them. Wyoming’s advantageous tax regulations are among the top benefits of establishing … Read more

Understanding Articles of Organization Florida: A Guide to LLC Formation

What is articles of organization Florida? Articles of Organization are a formation document. It lists basic information about your limited liability company. When it is accepted and processed your Florida LLC is officially created. Read more on www.floridaregisteredagent.com The Articles of Organization are one of the most crucial documents you must prepare if you want … Read more