Foreign Corporate Structures A “foreign” corporation is incorporated or registered in one state and does business in another. Corporations are often initially formed in a single jurisdiction and later expanding into other  jurisdictions. When a company like a corporation or limited liability company operates outside its home state, it’s considered foreign in the other states […]

Corporate Trust A trust is a contractual agreement where the trustees (fiduciaries) accept legal title to the trust property (real or personal). They are responsible for administering it for the benefit of its beneficiaries who hold equitable title to the trust property. The beneficiaries receive certificates of beneficial interest as evidence of their interest in […]

A limited liability company (LLC) is similar to corporations in that they you offer limited liability protection. LLCs also have fewer corporate formalities and greater tax flexibility. Information on LLCs is provided in the following sub-sections: About LLCs Effectively Implementing Series LLCs Current Implementations Taxation Considerations ABOUT LLCs One of the main purposes of an […]