Forming A Texas Series LLC

The limited liability company "LLC" is a popular way to structure a new business venture in Texas. The primary reason for forming an LLC is to obtain protection from personal liability for the owners of the business.

Owners who are planning to form new business entities in the future may want to consider a Texas Series LLC. A Series LLC is helpful for investors who would like to pool their assets into several classes of investment interests, such as those used in corporate restructurings and buyouts, with an added extra layer of protection from liability. The unique aspect of the Series LLC is that it allows the individuals forming it to create several distinct entities and receive all of the benefits of multiple Limited Liability Companies, with only one filing. In essence, the LLC acts as an umbrella where several series of LLCs are insulated from liability and tax protection from the others.