31 Pages Posted: 24 Oct 2014
Date Written: October 23, 2014
The series LLC is a potentially useful entity choice for attorneys and business owners to consider. However, uncertainties remain in the areas of liability protection, bankruptcy status and tax treatment (federal and state). However, in these areas, the law continues to evolve, making the series LLC an increasingly attractive entity choice.
Keywords: series LLC, liability, charging order, firewall, veil, bankruptcy, tax, classification, federal, state
JEL Classification: H25, K22, K34
Suggested Citation: Suggested Citation