<div dir="ltr">I actually asked this very question of the list about three years ago and I think the collective answer was "no not really". But this RCW seems pretty clear - assuming there is more than one professional. I presume you'd just do a simple assignment of the member's PLLC interest to their RLT? <div><br></div><div>This was an awesome thread to stumble across. Thank you! <div><div><i style="font-family:"Times New Roman",serif;font-size:12pt"><span style="font-family:Cambria,serif"><font size="4"><br></font></span></i></div><div><i style="font-family:"Times New Roman",serif;font-size:12pt"><span style="font-family:Cambria,serif"><font size="4">Kira M. Rubel</font></span></i><div><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div dir="ltr"><p style="background-image:initial;background-position:initial;background-repeat:initial;margin-right:0in;margin-left:0in;font-size:12pt;font-family:"Times New Roman",serif"><i><span style="font-family:Cambria,serif"><font size="2">*Licensed in CA and WA</font></span></i></p>
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<p style="background-image:initial;background-position:initial;background-repeat:initial;margin-right:0in;margin-left:0in;font-size:12pt;font-family:"Times New Roman",serif"></p></div></div></div></div><br></div></div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Thu, Nov 19, 2020 at 5:19 PM John J. Sullivan <<a href="mailto:sullaw@comcast.net">sullaw@comcast.net</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="auto">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. <div><br></div><div>The PLLC statute incorporates some provisions of RCW 18.100. </div><div><br></div><div><a href="https://app.leg.wa.gov/RCW/default.aspx?cite=18.100.116" target="_blank">https://app.leg.wa.gov/RCW/default.aspx?cite=18.100.116</a></div><div><br></div><div>John J. Sullivan<br><br><div dir="ltr">Sent from my iPhone</div><div dir="ltr"><br><blockquote type="cite">On Nov 19, 2020, at 5:07 PM, Gerald Sprute <<a href="mailto:sprutelaw@msn.com" target="_blank">sprutelaw@msn.com</a>> wrote:<br><br></blockquote></div><blockquote type="cite"><div dir="ltr">
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Hi All,<u></u> <u></u></p>
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<u></u> <u></u></p>
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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.
<u></u> <u></u></p>
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<u></u> <u></u></p>
<p class="MsoNormal" style="margin:0in;font-size:11pt;font-family:Calibri,sans-serif">
Jerry Sprute <u></u> <u></u></p>
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<u></u> <u></u></p>
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