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<p class="MsoNormal"><span style="font-size:11.0pt">Hello list mates, <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Husband passed away in Oregon. Husband had an interest in a family LLC in Washington state that was in his name only. Husband and Wife had a Living Trust in Oregon in which everything owned by the husband
went to the Wife when he passed away. The LLC interest was in the Living Trust.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">We need to now transfer Husband’s interest in the LLC to the Wife. We need to do an Assignment of Interest, however, is the Assignment of Interest from the wife as Trustee of the Living Trust to herself or
from the managing member of the LLC to the wife?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">The LLC operating agreement is silent on assignment of interests (transferring of interest) when a member dies. When a member dies, their interest does not automatically go to their spouse in the LLC operating
agreement. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Thank you!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Lucida Calligraphy";mso-ligatures:none">Jenna Brozik<o:p></o:p></span></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Aptos Display",sans-serif;mso-ligatures:none">Managing Attorney<o:p></o:p></span></i></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Aptos Display",sans-serif;color:#222222;mso-ligatures:none">PRINZ & BROZIK PLLC</span></b><span style="font-size:11.0pt;font-family:"Aptos Display",sans-serif;color:#222222;mso-ligatures:none"><br>
445 S. Grand Avenue<br>
Pullman, WA 99163<br>
509-338-0908 Telephone<br>
509-338-3527 Facsimile</span><span style="font-size:11.0pt;font-family:"Aptos Display",sans-serif;mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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