A form of business organization with the liability-shield advantages of a corporation and the flexibility and tax pass-through advantages of a partnership Many states allow a business form called ...

A business organization that allows limited partners to enjoy limited personal liability while general ... Limited partnerships file an IRS Form 1065 once a year. Individual limited and general ...

A family limited liability company (LLC) protects the assets of a ... Family LLC Cost A family LLC is typically costly to form and maintain and requires a legal counsel who has experience with ...