[WSBAPT] PLLC in a Revocable Trust?

John J. Sullivan sullaw at comcast.net
Thu Nov 19 17:14:21 PST 2020


I believe member units in a PLLC can be held by the professional’s RLT while it remains revocable. Once he or she dies there’s a 12 month window to transfer the units to another professional. 

The PLLC statute incorporates some provisions of RCW 18.100. 

https://app.leg.wa.gov/RCW/default.aspx?cite=18.100.116

John J. Sullivan

Sent from my iPhone

> On Nov 19, 2020, at 5:07 PM, Gerald Sprute <sprutelaw at msn.com> wrote:
> 
> 
> Hi All, 
>  
> Does anyone know offhand if a revocable trust can hold Grantor’s interest in a PLLC?  Single person is the grantor of the revocable trust, but 1/3 owner in the PLLC.   
>  
> Jerry Sprute   
>  
> 
> 
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> 
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>  
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>  
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