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<div dir="auto">It's likely to be dictated by the operating agreement.<br>
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<div>Eric Nelsen<br>
Sayre Law Offices PLLC<br>
206-625-0092</div>
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<div class="gmail_quote">On Sep 7, 2021 6:01 PM, Inge Fordham <inge@fordhamlegal.com> wrote:<br type="attribution">
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<p class="MsoNormal"><span style="font-size:11.0pt">Colleagues,</span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt">I am handling probate proceedings for a decedent who was the member of an LLC comprised of various extended family members. The beneficiaries of the estate are the decedent’s three children (none are members
of the LLC). The LLC’s sole asset is a real estate contract upon which payments will be made up to 2025. I have not seen the operating agreement for the LLC (though I requested it). It seems tedious to continue receiving payments, filing estate income taxes,
and making distributions every year until 2025. What are the options if the other members will not agree to buy the estate out of the contract?</span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"> </span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Thanks in advance,</span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"> </span></p>
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<b><span style="font-size:13.0pt; font-family:"Cambria",serif; color:#203864">Inge A. Fordham | Attorney</span></b><b><span style="font-size:13.0pt; font-family:"Cambria",serif; color:black"></span></b></p>
<p class="MsoNormal" style="margin-bottom:3.0pt"><span style="font-family:"Cambria",serif; color:black">Fordham Law, PLLC</span></p>
<p class="MsoNormal" style="margin-bottom:3.0pt"><span style="font-family:"Cambria",serif; color:black">3218 Sixth Avenue | Tacoma, WA 98406</span></p>
<p class="MsoNormal" style="margin-bottom:3.0pt"><span style="font-family:"Cambria",serif; color:black">Office: (253) 348-2657 | Mobile: (206) 778-3131</span></p>
<p class="MsoNormal" style="margin-bottom:3.0pt"><span style="font-family:"Cambria",serif; color:black"><a href="http://www.fordhamlegal.com"><span style="color:#0563C1">www.fordhamlegal.com</span></a>
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