Let’s look at some of the things that are all possible with a Series LLC:
You can set up a cell with a different tax structure. So, the main LLC might be taxed as a partnership but one cell is an S Corporation and another is a C Corporation.
You can set up cells with different ownerships. This could make the Series LLC a great estate planning tool as you gift ownership shares to heirs through different cells.
You can set up cells with different year ends (assuming the cells have elected C Corporation tax treatment or otherwise qualify for a different year end).
The Series LLC gives you a lot of possibilities and in today’s uncertain financial world, that can be the best thing to have.
Remember that the special on US TaxAid Coaching lasts through Friday 5 pm Pacific time. When you sign up today, you’ll have immediate access to the Series LLC Course.