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Irwin Law
Irwin Law, Attorney
Category: Business Law
Satisfied Customers: 7305
Experience:  30+ yrs. representing small business, real estate, probate
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Owner of a sole proprietorship llc wishes too gift llc to

Customer Question

owner of a sole proprietorship llc wishes too gift llc to nephew, no sale. Complete transfer. In New Jersey. what documents are needed.
Submitted: 8 months ago.
Category: Business Law
Expert:  Irwin Law replied 8 months ago.

All you have to do is put the assignment of your membership interest in the LLC to your nephew into written form. You should sign it, have it witnessed and or notarized, plus have your nephew sign it as accepting the assignment. Thank you very much for using just answer THAT.

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Customer: replied 8 months ago.
What documents need to be filed with the IRS.
Customer: replied 8 months ago.
also with the state of New Jersey
Customer: replied 8 months ago.
other than the membership interest
Expert:  Irwin Law replied 8 months ago.

I would appreciate your (5 Star) rating for both questions at this point. Thanks for using JUST ANSWER.

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