The Role Of Del. LLC In Asset Protection Strategy

Law360, New York (May 02, 2013, 7:08 PM ET) -- This article will discuss the use of Delaware limited liability companies in the context of wealth and asset protection. Delaware’s well-settled case law, flexibility and debtor protections have made it a jurisdiction of choice for decades. Holding assets in a Delaware LLC and transferring ownership of the LLC to a trust[1] or holding interests in an LLC through another entity are the most effective asset protection strategies short of moving ownership of assets off-shore.

General Overview of Delaware LLCs

In today’s increasingly litigious society, principals should...
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