Seeking an attorney for DE and/or OK Series LLC questions/help

[Josh Weber]

Subject is pretty straightforward. I'm looking to set up a Series LLC. Most of my properties would be in OK, which also recognizes Series. But I have some questions about the legal/tax implications of having the master in one state, DE, and the cells in another (and I live in a third state, that doesn't recognize them, just to add to the fun). I'll also, depending on the answers, be looking to set up said LLC.

Thanks!

[Deborah Burian]

When we explored the Oklahoma Series LLC a few years ago, our very experienced attorney recommended against doing the series form because there is, as yet, no case law in Oklahoma on the Series LLC and thus it is an untested format. He stated that unless one is willing to BE the case that is litigated, it didn't make sense to proceed.