Series LLCs: An Alternative Investment

August 4, 2015Brochures Practical Advice

A series LLC is an entity structure permitted in certain states that allows for the formation of multiple segregated LLCs (or “series”) under the umbrella of a single “master” LLC. Generally, in the states in which they are recognized, these series LLCs are viewed as segregated entities that are permitted to have separate managers and members, distinct assets and individual operating agreements and can incur separate liabilities. However, the series LLC is still viewed from the states’ perspective as a single entity for filing and reporting purposes.

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