Asset Protection Planning Services
 

Family Limited Liability Company (FLLC)
Family Limited Liability Companies (FLLCs) are a new asset protection product, offered as a substitute for Family Limited Partnerships (FLPs). We see a bright future for FLLCs. However, due to the newness (in legal history) of FLLCs, we do not recommend them as a substitute for FLPs. We can be fairly sure how a judge will react, asset protection speaking, to a FLP action. They are tried and true. We do not have that security with a FLLC. When you are looking for asset protection, you should stick with the equivalent of sturdy flannel pajamas.

Our professionals may assist you with the formation of a limited liability company (LLC). We offer services to establish the business entity as well as ongoing maintenance to ensure its viability. We prepare annual updates and help keeping your LLC in compliance with the law