Tag Archive 'Delaware Series LLC Insurance'

Aug 18 2011

Series-ously, Delaware Rocks The LLC Hoodie

Published by under Insurance

In the year 1996, the state of Delaware broke out a new line of hooded clothing for the fashionably dressed and forward thinking corporate designers. The Delaware Series LLC innovation saves money, time, and makes controlling several different types of business easier. When small companies start, they may have plans to grow in many different directions that could require forming new corporations and layering the small business owner with an onerous amount of expense and filing paperwork. The series legislation provided for treating each of these various lines with the veil of protection separately, but under the same corporate hood.

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Aug 18 2011

Is A Delaware Series LLC A Good Idea?

Published by under Insurance

A Delaware Series LLC can safeguard businesses, corporations and real estate under one business entity or a single name.  With this entity, a company can own property or do business in another state as long as the series LLC is registered in Delaware.  This means there can be separate units of the same company operating under the same LLC no matter where they are located.  One of the benefits of this entity is that when one unit has a liability, it does not affect any of the other units.

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