[WSBAPT] Transferring LLC into Trust

John J. Sullivan sullaw at comcast.net
Tue Oct 3 11:57:25 PDT 2017


Single member or not? Any restrictions on the operating agreement?

Is there a certificate? If so, transfer like a share of corporate stock. Otherwise assignment separate from certificate. Use the usual securities law legends. 

No immediate need to notify the SOS. 

John J. Sullivan

Sent from my iPhone

> On Oct 3, 2017, at 11:43 AM, Dewey Weddle <DWWeddle at msn.com> wrote:
> 
> Esteemed colleagues,
>  
> I have been asked by a client to transfer an LLC into his Revocable Living Trust.  Although I have transferred real property into (and out of ) a Trust I have never transferred a business or corporation into a Trust.  Does anyone have any suggestions as to how to proceed, things to watch out for, if a government entity requires notice, and so on.  Any help is appreciated. 
>  
> Best regards,
>  
> Dewey
>  
> Law Office of Dewey W. Weddle, PLLC
> 909 Seventh Street
> Anacortes, WA  98221
>  
> Telephone:  360-293-3600
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