The Series is too new for me to feel comfortable utilizing it.

• There is a common misconception that the Series LLC is a new entity, but it actually is not. It was first created over two decades ago. While the Traditional LLC is more established, it is not much older.
• But the fact that the Series LLC is an actual LLC means the same LLC case law will generally apply regarding liability shields and piercing the corporate veil. Nobody has ever even tried to challenge a Series LLC per say, and all the attacks people leverage against Series LLCs are the same attacks one would use against multiple LLCs. The Series LLC is just a continuation of existing LLC statute and law.