Search
Close this search box.

Series Limited Liability Companies In Texas

Series Limited Liability Companies In Texas
Series Limited Liability Companies In Texas
ABOUT SERIES LIMITED LIABILITY COMPANIES

A series LLC is a unique form of limited liability company (“LLC”) in which assets and operations are divided into independent entities. Each new entity in the series operates as an independent entity with a unique name, assets, and accounting. A series LLC may have different members and managers in each entity within the series, and the rights and duties of these members and managers can differ from entity to entity within the series. Each series may enter into contracts and hold title to property, which makes series LLCs especially advantageous for real estate investors with multiple properties and operations.

A series LLC is uniquely advantageous because of the liability protection that is available to each entity in the series. Assets owned by one series are protected from the liabilities and risks of other entities in the same series. Much like a corporation with many subsidiary companies, the series LLC formation is designed to mitigate risk within separate entities without the cost of setting up entirely new businesses.

Share:

More Posts

PROPERTY INSURANCE CLAIM DENIALS

Property Insurance Claim Denials

ABOUT PROPERTY INSURANCE CLAIM DENIALS We often think of Homeowner’s Insurance as our security that gives us peace of mind; the support we need following

Homeowner's Insurance

HOMEOWNER’S INSURANCE

This article gives a brief look at the homeowner’s insurance claim process and overall issues with homeowners’ policies and insurance providers.

Commercial Property Insurance

Commercial Insurance Claims

When you start a commercial business, one of the first things you should do is obtain insurance coverage. Although we never expect it, damage to your property could occur.

Send Us A Message

Get Started