[WSBAPT] Assignment of LLC to Revocable Living Trust

[Margaret Delp]

Husband and Wife  have  transferred their real property via quit claim deed
to an LLC.  Husband and Wife are the only owners of LLC.  Husband and Wife
have also signed a Revocable Living Trust.  They have also signed an "LLC
Membership Assignment" assigning their interest in the LLC to the Trustee of
the Revocable Living Trust.  (Multiply above by 4 properties, and four
different LLCs).

 

QUESTION:  Upon death of the surviving spouse, can the successor trustee of
the Revocable Living Trust simply execute a deed transferring title to the
LLC's real property to the beneficiaries identified in the distribution
provisions in the Revocable Living Trust without opening a probate?  Would
they need to record the LLC Membership Assignment and a Certification of
Trust with the County  along with the deeds at the time of distribution of
the properties?    

 

Thanks much,
Margaret

 

 

 

--

Law Office of Margaret Delp

Mailing address:

PO Box 292

Langley, WA 98260

Physical Address:

2815 Howard Road, Second Floor

Langley, WA 98260

Telephone: 360-579-4530

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20170320/ebe9aed4/attachment.html>