New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.

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Divisions or LLCs

Asked by: LyleK  — 12 January, 2013

What is the strategy to setting up divisions in an LLC and why is this good for me as owner?

Answered by: admin  — 12 January, 2013

Lyle,

I presume you are referring to Series LLC.

If so then I invite you to read our article about this entity type: Series LLC: Advanced Form of Business Organization. It has a lot of information, and answers many of the questions you might have about it.

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