Business Law
2017: The Year of the Series LLC
By Jennifer L. Villier, JD | Product Manager, WealthCounsel
Series limited liability companies (LLCs) have been called the next generation of pass-through entities, gaining in popularity and use as states continue to authorize them. However, the lack of state uniformity in the treatment and acceptance of series LLCs has lead more conservative attorneys, advisors, and clients to avoid them, believing that the uncertainties and potential risks associated with series LLCs outweigh their perceived benefits.
Read this article to learn:
- What a Series LLC Is
- When to Use Them
- Opportunities and Challenges
- Status of the the Uniform Protected Series Act
- How to Create Series LLCs
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