Posts Tagged ‘taxes’

Warning against series LLCs

I wrote about series LLCs (Delaware Series LLCs) in this blog many years ago. Recently I got an email from the folks at TACPAS warning against using them.

What Warren said:

  • Whether a liability could be contained within a single LLC within the series has not been proven in court.
  • States may differ in their interpretation of series LLCs.
  • Tax treatment, particular with different types of entities, is unclear.

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