[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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