December 1, 2020, GEM 27 — Traditionally you may think of a limited liability company (LLC) as a business structure that is used to operate a business and protect business owners from certain lawsuits. However, an LLC can also serve as a management and asset protection structure for the family’s personal assets. In today’s podcast, Joe Garniewski, director of Entity Management and Governance for Wilmington Trust’s Emerald Advisory Services, discusses five benefits of using an LLC structure for your family’s assets and explains how a family can become an LLC.
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