LLC's unlike shareholders in a corporation are not taxed as a separate business entity. 

You will be the sole director and shareholder of the company and then you can transfer the directorship to your grandchildren over the age of 18 or via your will.

They will be obliged to their shareholders to get the BEST Offer (likely to to cover what they are owed).

Have a Board of Directors that has real meetings and shareholders meeting for the corp., take notes, publish minutes, treat owners as owners not as employees (although they may be that as well).Accountants for the REI biz, generally see them as 6 of one, half a dozen of the other.

If you think that big gov and big business are looking out for the consumer or the little guy, no its profit over people all the time all in the name of enriching shareholders and government coffers.

If you were to read all of the shareholder letters from Warren Buffet and Charlie Munger, you would learn a lot about the business of investing. 

@Tyler Olson @Bob Floss IIAn S Corp can have up to 100 shareholders but there is more flexibility with a partnership.

LLCs are flow-through entities; only the shareholders pay taxes.

Even if not, if you are the only shareholder, you could actually decide to amend the articles of incorporation, though that is not ideal.

Lastly I think an S-Corp allows up to 50 shareholders.