Vectors and 3D Models
Local Search - Business
Weather Information
Get the App for Smartphones and Tablets

Go Back


WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch


Page Generation Date and Time:
08/20/2017 02:26:44

 
Free the Animation VR / AR
Play to reveal 3D images and 3D models!
   
 
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!



 
 
Alexa Data
 

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:



With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News - http://www.whmsoft.net/services/wap/news.php
The Daily Files - http://www.whmsoft.net/services/wap/get.php
All the Directory Files - http://www.whmsoft.net/services/wap/choose.php

Web version of feeds:
Podcast Music - http://www.whmsoft.net/services/web/wpodcast.php
Daily Files - http://www.whmsoft.net/services/web/wget.php

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game


You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
Les FriandisesAfrican MaskMask PinballCronchFlower Quest

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows


Article Keyword Videos to Watch
Business
Click on the image to start the video.



Related Topics
Images - Links - Articles

Lyon


Related Images



Article Category Videos to Watch
Business
Go to the Videos Pages


What is a Series LLC?

For those entrepreneurs that have already formed a Series LLC, you already know how advantageous and cutting-edge this new type of business entity can be. For those of you who have never heard of a Series LLC before, though, this article is for you. In it, the author explains several key advantages of the Series LLC in various circumstances.

What Exactly is a Delaware Series LLC?
A Delaware Series LLC is a unique Delaware LLC (Limited Liability Company) which has unlimited potential for asset segregation. Under one LLC you can set up numerous "series" which each own separate assets. According to the Delaware statute, 6 Del. C. Section 18-215,

"The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a particular series shall be enforceable against the assets of such series only, and not against the assets of the company generally or any other series thereof."

Key Advantage of the Series LLC:
Unlike a traditional LLC in other states, a Delaware Series LLC has the advantage of an unlimited number of liability baskets (or "series") under one umbrella company. The protection offered by this one entity, coupled with the limitless liability and asset segregation potential, makes the series LLC very advantageous and cost-effective for business owners.

Privacy:
Privacy is another benefit of the Series LLC. Only the names of the LLC and the registered agent are listed with the State of Delaware.

Taxes:
The Series LLC is taxed like a conventional LLC: either as a sole-proprietorship or as a partnership. There is only one tax payer ID number required for the entity.

Real Estate:
For holding multiple parcels of real estate, the Series LLC only needs to qualify once as a foreign company doing business in the state where the property is located. Real estate investors with multiple properties establish the Series LLC to isolate separate properties in separate cells.

Assets and Liabilities Fire-Wall:
The Series LLC empowers one or more members to build fire-walls between assets and liabilities within a single formation. One advantage of this is to prevent a creditor of one cell (also known as "series", "basket", "container" or "cell") within the LLC from collecting against other unrelated cells within the same LLC.

Foreign Entities:
In states like California, Texas and New York that demand large fees in order to maintain separate companies, the Series LLC may be registered as a single foreign entity, saving on annual filing fees.

Additional Series:
Series LLC members can add additional series within the same LLC by simply signing a short addendum to the operating agreement.

Businesses with Multiple Products:
Companies with numerous product or service lines can similarly incubate various products/services in their own separate cells. These properties and businesses may then be "spun-off" into separately filed LLC's at a later period in time. Alternatively, cells may be terminated at any point (with the consent of the members).

The Series LLC is not for everyone. More predictable asset segregation comes with the filing of multiple entities. At this time the Series LLC is best suited for those who have decided that the costs to file and maintain multiple entities is not cost-effective.


About the Author: Chris Einkauf is a consultant for Agents and Corporations, Inc. To learn more about incorporating or forming a series LLC, visit the Agents and Corporations, Inc. website.




Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2017 WhmSoft - All Rights Reserved.