Editor’s note: This is part 13 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

The new limited liability company act (the New Act), which is called the Florida Revised Limited Liability Company Act and has been codified in new Chapter 605 of the Florida Statutes, becomes ...

A form of business organization with the liability-shield advantages ... Many states allow a business form called the limited liability company (LLC). The LLC arose from business owners' desire ...

A business organization that allows limited partners to enjoy limited personal liability while general ... The 1986 Tax Reform Act limited the amount of losses a limited partner can deduct on ...

SDI Productions / Getty Images A family limited liability company (LLC) is formed by family members to conduct business in states that allow LLCs. Members must be related by blood, adoption ...

As of January 1, 2025, new reporting requirements and annual filings under Pennsylvania Act 122 of 2022 have become effective ...