A limited liability company (an “LLC”) is a business structure created by state statute, but it is not a distinct business entity for tax purposes (like a partnership or a corporation). Instead, businesses structured as LLCs...more
5/7/2019
/ C-Corporation ,
Corporate Taxes ,
Internal Revenue Code (IRC) ,
Limited Liability Company (LLC) ,
Membership Interest ,
Operating Agreements ,
Partnerships ,
Private Letter Rulings ,
Regulatory Standards ,
S-Corporation ,
Share Classes
IRS Rules Appointment of Special Trustee and Special Trustee’s Subsequent Exercise of Power to Limit or Eliminate Trust Beneficiary’s Testamentary General Power of Appointment Will Not Constitute Exercise or Release for...more
11/7/2018
/ Beneficiaries ,
Death Benefits ,
Estate Planning ,
Estate Tax ,
IRS ,
Power of Appointment ,
Private Letter Rulings ,
Testamentary Trust ,
Trustees ,
Trusts ,
Wills