[WSBAPT] Putting LLC in revocable living trust?

[Mark Higgins]

I think it works as a theoretical matter, however, there may be a clause in
the LLC agreement preventing such a transfer of interest.  Most agreements
have only very limited permitted transfers.​

Mark

On Tue, Nov 18, 2014 at 2:42 PM, Heather Kolbly <heather at kolblylaw.com>
wrote:

> Hi All,
>
>
>
> I have husband and wife clients for whom I am drafting a revocable living
> trust.  Husband also is a member of 2 different LLCs with his brothers, who
> live in other states.  He asked about possibly putting his interest in the
> LLCs into the trust.  I know this has been talked about before on the
> listserve, but I don’t recall what was said and I don’t have time to look
> it up.  Has anyone done this?  Is it advisable to place an LLC member’s
> ownership interest in the LLC his RLT?  I am thinking it is probably
> complicated and potentially beyond my scope of experience and skills.  Any
> guidance you can give on this would be appreciated.  At this point, the
> clients are just looking for information on the topic.
>
>
>
> Thanks,
>
>
>
> Heather Kolbly
>
>
>
>
>
> *Heather Tobin Kolbly*
>
> *Mobile Attorney *
>
> *KOLBLY LAW FIRM, P.C.*
>
> *Mail:*  704 228th Ave. NE #122, Sammamish, WA  98074
>
> *Office:*  (425) 522-4234 s *Cell:*  (425) 444-1888
>
> Heather at KolblyLaw.com
>
> www.KolblyLaw.com <http://www.kolblylaw.com/>
>
>
>
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-- 
Mark T. Higgins
Higgins Lock PLLC
P.O. Box 57
Darrington, WA 98241
206-491-2420
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