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Series LLC for business in MO

Asked by: Cheryl  — 24 May, 2012

What state is the best to do a Series LLC? The property and businesses are located in MO, but MO does not recognize them yet.

Answered by: admin  — 24 May, 2012

Dear Cheryl,

If you business and properties are located in Missouri then there is no point in forming Series LLC in other states for those assets, not to mention the fact that MO as you know does not support Series LLC formed in other states.

I would recommend you to form an LLC for each of the properties you plan to own, and LLC or corporation for the businesses, to separate them from each other.

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