What is the best way to hold membership interests? This question often arises when people are forming a new business. It doesn’t matter whether it is a corporation, LLC, or limited partnership, the membership interests should be held in a living trust. How you hold the interests
Membership Certificate vs. Stock By Lee R. Phillips One of the issues that seemed to be of particular interest at our boot camp the first of March was ownership of the LLC. Ownership is represented by the “stock” held in the LLC. Of course, there isn’t any stock in an LLC. It is a “membership […]