You are here

LLCs Becoming Entity of Choice for Subsidiaries

LLCs Becoming Entity of Choice for Subsidiaries

LLCs Becoming Entity of Choice for Subsidiaries

Single member limited liability companies, as "disregarded entities," have instant exemption; joint venture LLCs may qualify if all members are charities

The use of LLCs by charities is developing rapidly in special situations and is another tool for consideration in your planning for expansion. Since they are relatively new in most states, there is still a lot of law to be written on how they actually function is some situations, but they provide a flexibility that may not exist with other structures.

lock The full text of this article is available to paid subscribers only. Login or subscribe to read more

 

Sign-up for our weekly Q&A; get a free report on electioneering