Legal Structures

LLC (USA): Limited Liability Company in the United States
A comprehensive guide to the Limited Liability Company (LLC) structure in the United States, covering historical context, types, key events, explanations, models, charts, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, stories, quotes, and FAQs.
Ltd. (UK): Private Limited Company
An in-depth overview of Private Limited Companies (Ltd.) in the United Kingdom, covering their characteristics, historical context, regulations, and importance.
Sociedad Limitada (S.L.): Simplified Business Structure with Limited Liability
A Sociedad Limitada (S.L.) is a type of business entity in Spanish-speaking countries with fewer regulatory requirements and smaller capital needs compared to a Sociedad Anónima (S.A.).
Close Corporation Plan: Arrangement for Surviving Stockholders
A Close Corporation Plan details a prearrangement for surviving stockholders to purchase shares of a deceased stockholder, using a predetermined formula to value the corporation.
Joint Stock Company: Form of Business Organization
A Joint Stock Company combines features of a corporation and a partnership, offering unique advantages and unlimited liability for stockholders.
Qualified Terminable Interest Property (Q-TIP) Trust: Estate Planning Strategy
A Qualified Terminable Interest Property (Q-TIP) Trust is an estate planning strategy that ensures all income from trust assets is paid to the surviving spouse during their lifetime and limits asset transfer to others. The surviving spouse can control the final beneficiaries within a pre-designated group.
S.A. (Sociedad Anonima or Société Anonyme): Corporation Designations
S.A., also known as Sociedad Anonima or Société Anonyme in Spanish and French respectively, is a designation for a corporation used in many legal and business contexts. It refers to a type of business entity where shareholders are not personally liable for the company's debts.

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