[WSBAPT] Transferring LLC interest

[Diane J. Kiepe]

Well, you really need to read the operating agreement to determine how the transfer takes place and at what consideration (if any).  If there is not an operating agreement, you’ll want to look to the RCWS.

Good luck.

Diane J. Kiepe

Diane J. Kiepe
Douglas Eden
717 W. Sprague Ave.
Suite 1500
Spokane, WA  99201
djkiepe at depdslaw.com<mailto:djkiepe at depdslaw.com>
509-455-5300

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Suzanne Lieberman
Sent: Friday, June 12, 2020 8:42 AM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Transferring LLC interest

Hello,

Simple question. For someone who owned an LLC together with the decedent (not the PR) - what steps need to be taken to transfer the LLC into her name only? Submit a copy of the death certificate and will or Certification of Trust with the Secretary of State?

Sincerely,

Suzanne Lieberman
CMS Law Firm LLC<http://cmslawfirm.com/>
811 Kirkland Ave. Suite 201 (please note new address!)
Kirkland, WA 98033
206.659.1512


Legal stuff I have to put in... To ensure compliance with Treasury Department and IRS regulations, we inform you that, unless expressly indicated otherwise, any federal tax advice contained in this communication (including any attachments) is not intended or written by CMS Law Firm LLC to be used, and cannot be used by the taxpayer, for the purpose of: (i) avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code; or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein (or any attachments).
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