Seminar: What Estate Planners Need to Know About LLC Formation

May 29, 2013
By Michael Smith on May 29, 2013 9:23 PM |

On June 26, 2013, from 11:00 am until 12:30 pm EDT, I'll be teaching a National Business Institute teleconference seminar, "What Estate Planners Need to Know About LLC Formation."

Limited liability companies are incorporated more and more frequently into estate plans. A common structure is a limited liability company owned by a living trust, with a business or other assets held by the LLC. The living trust provides the mechanism for the business or other assets to be passed to the grantor's heirs without going through probate, and the LLC provides a liability shield to protect the grantor's other assets from creditors with a claim against the LLC. Another common estate planning tool is a family limited partnership, and a limited liability company can often be used to serve the same purposes while providing additional advantages.

The seminar is designed (surprise!) for estate planners who want to know more about the issues associated with creating and setting up LLCs. Click here to register for the seminar.

If you'd like to speak with us about succession planning for your business, please feel free to contact us for an initial consultation.