Good summary Tibbs, although could I question/clarify a couple of points?: I believe the ease of adding / subtracting members is in not having change the name of the assets with changes in Trustees. The process of adding / subtracting Directors still needs to be done and in limited circumstances may prove an issue.
What additional asset protection does a company provide? In both cases they are Trustees.
How is a company 'more flexible' to make lump-sum payments? I would think the Trustee type is irrelevant.
Not good, but critical for single-member funds.
In general, a corporate makes sense but individual makes cents.
