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No, was put into trust.Don't know what kind of trust. Have asked for a copy of trust and nothing has been done .
But if I'm part owner in this LLC, dosn't an operating agreement have to state that money goes to trust and what if the LLC has no such agreement?. And what happen's when a person/manager die with no such agreement?
Yes ,the certificate of LLC my percentage in the oil but it does read as follows To: XXXXX XXXXX Linhart 2012 Trust. With that being put like that am I really the owner or is the trust the owner of this money?
So am I not responsible for any taxes under my name/ssn.And so if not a member of LLC and a trust under my name means what to me, just that they are using my name and it means nothing as to rights to the money?
pLEASE JUST ANSWER ONE LAST QUESTION I SENT
You still with me ZDN ?
Well this is a shocker I was lied to about this and it didn't even dawn on me til talking with you and carefully reading this a certicate that I guess this document really means nothing to me does it?
That is that with me personally I have zero involvement in this LLC or the money? So any money from trust is given to me as what a gift or what is it to me ?
Guess it all comes down to the trust documents say.
Hi, It does indeed come down to what the trust documents say. I would only be speculating at this point if I were to try to tell you what you might be entitled to under the trust.
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