A Series LLC is a unique form of limited liability company that provides protection from liability across multiple “child” Series, within each main “parent” Series LLC protected from liabilities arising from the other Series. Each “child” Series is treated as if it were its own LLC for liability purposes.
It offers anonymity, lawsuit protection, compartmentalized liabilities, and it may reduce operating costs and streamline administration.
Easy. The Series is a private document that you create on your desktop, sign, and store in your safe.
The Series LLC is legally controlled by the anonymous trust, through a trustee. Any money generated by the company is split by the “beneficiary(s)” designated in the trust. This way, one partner can manage the company while the other partner(s) split profits evenly.
You are the Trustee of Series LLC.