Limited Liability Company
{"Image DocumentName": "Limited Liability Company", "Image ImageDescription": "Advantages. Flexibility. Liability protection PROVIDED formalities followed. Pass-through taxation. Disregarded entity Choice of alternate tax classification. Ease of dissolution/distributions. Estate planning uses. Flexibility in membership (ownership) No annual meeting or seal. Disadvantages. Fairly new type of entity. Formalities for liability protection.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}