Designate a new protected series under your master Series LLC designate a new series

A number of states, including Delaware, Illinois, Texas, Nevada, and Wyoming among others, allow protected series within a series LLC, where each series can hold assets and shield liability separately. The master LLC must be formed in a series-friendly state, and we flag which states support the structure so yours is formed where it works.

A protected series is an internal division of a series LLC that can own assets, have its own members, and be shielded so that a liability of one series generally does not reach the assets of another, all under one master LLC. We flag how the separation is designed to work so you understand what a series does and does not protect.

Depending on the state, a series is created and designated through the master LLC's operating agreement and, where required, a filing or naming with the state, so the designation follows both internal documents and state rules. We handle the designation so each series is properly established rather than existing only informally on paper.

A series LLC can hold multiple assets or lines in separate series under one entity, potentially reducing formation and filing overhead versus many standalone LLCs, though the protection is newer and less tested. We flag the trade-offs so you weigh the efficiency of series against the certainty of separate LLCs.

Yes, and this is critical: to preserve the liability separation, each series should keep distinct records, assets, and accounts, since commingling can undermine the very shield the structure provides. We flag the discipline required so your series designation actually holds up rather than being disregarded for sloppy separation.

No: only certain states recognize series LLCs, and how other states treat an out-of-state series is not fully settled, so operating a series across state lines carries some uncertainty. We flag the state considerations so you use a series where it is recognized and understand the risk where recognition is unclear.

It is a common use: investors sometimes hold each property in its own series to separate liability under one master LLC, though many still prefer separate property LLCs for the more established protection. We flag both approaches so your real estate is held in the structure you are comfortable relying on.

Depending on the situation, individual series may need their own EIN and bank account to maintain separation, and practices vary, so this is part of setting a series up correctly. We flag how to handle EINs and accounts so each series is genuinely distinct rather than separate in name only.

Yes: we form the master series LLC in a series-friendly state, help designate protected series through the operating agreement and any required filings, and flag the records, EIN, and account separation each series needs, so your series structure is established properly from the start.