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I wanted to start an LLC owned by a Trust. I want to get the
I wanted to start an LLC owned by a Trust. I want to get the LLC with my brother and the trustee of the trust as my niece. I want full rights to the bank account without being the primary signor.… read more
Christopher B, Esq.
Christopher B, Esq.
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Hey Dan, a question about irrevocable trust. Can it(trust) be the owner of a LLC? It mea
Hey Dan, a question about irrevocable trust. Can it(trust) be the owner of a LLC? It means, can I have an irrevocable trust and can the trust be the owner of a separate LLC? the type of LLC that can o… read more
RayAnswers
RayAnswers
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Scotty, really appreciated the last answer you gave us so
Hi Scotty, really appreciated the last answer you gave us so I requested you personally. Here goes: I am setting up an updated Revocable Living Trust for my husband and myself. I think our previous on… read more
ScottyMacEsq
ScottyMacEsq
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We have a revocable family trust, we d like put our house and
We have a revocable family trust, we d like put our house and a llc company under it. What is the paperwork required to do that?… read more
Barrister
Barrister
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We want to dissolve an LLC wich is owned by an irrevocable
We want to dissolve an LLC wich is owned by an irrevocable trust. Do the assets of the LLC go right back into the irrevocable trust or do we need to deed it (house, no cash) to the trust? Are there ta… read more
socrateaser
socrateaser
35,662 satisfied customers
Im in the middle of starting my own LLC on my own. Is it possible
Im in the middle of starting my own LLC on my own. Is it possible to use a Trust as a member in order to secure the charging order protection? In Arizona, a sole member LLC does not have charging orde… read more
Attorney2020
Attorney2020
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2,480 satisfied customers
There is much web info on how IRA original owners can create
There is much web info on how IRA original owners can create a trust that can protect a beneficiary in a number of ways, including from divorce. But if that was not set up and the spouse is considerin… read more
Lawyer Lori
Lawyer Lori
Attorney
JD - Attorney
1,812 satisfied customers
My membership certificate reads, this certifies that Randy
My membership certificate reads, this certifies that Randy Alan Linhart 2012 Trust is the owner of 16 2/3% membership interest in the above LLC Company. Can another member of the LLC be a trustee of m… read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
What is the best legal vehicle to protect assets under the
What is the best legal vehicle to protect assets under the following circumstance: 4 individuals (currently in 3 different states) who jointly own 60 acres in a 4th state. 2 of the individuals are par… read more
Loren
Loren
Attorney
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If the Nevada Spendthrift Irrevocable Trust Asset Protection
If the Nevada Spendthrift Irrevocable Trust Asset Protection set up as example follow: Grantor/Trustee/Beneficiary is the same person named "Jane Doe". IS IT LEGAL TO TRANSFER BACK THE TITLE... From: … read more
Law Educator, Esq.
Law Educator, Esq.
125,498 satisfied customers
Prior to our marriage my husband created a revocable truest
Prior to our marriage my husband created a revocable truest and Asset Limited Partnership with his 3 sons. His rights remain at 51%. Our house is in the trust. How do I protect myself after his death.… read more
Barrister
Barrister
Attorney
Doctoral Degree
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Can an Irrevocable Trust be a Managing Member of a Limited
Can an Irrevocable Trust be a Managing Member of a Limited Liability Company (LLC) Note: We plan to go to Nevada Secretary of State to change the name of the managing member (former owner name) to the… read more
Thomas McJD
Thomas McJD
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Doctoral Degree
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I suspect this question is asked a lot, and I suspect the answer
I suspect this question is asked a lot, and I suspect the answer to it is contingent on which state it's being asked from. We're in Minnesota, and trying to square my mom's end-of-life affairs. (She's… read more
Daniel P.
Daniel P.
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Hi. My name isXXXXX have a revocable trust set up by my
Hi. My name isXXXXX have a revocable trust set up by my parents and transferred to strips (3) and (1) beneficiary. Property is in the trust. We want to set up an LLC property management co and transfe… read more
socrateaser
socrateaser
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A decedents trust says all net income goes to survivor.
A decedent's trust says all "net income" goes to survivor. I assume net income is interest and dividend income, less trust expenses (i.e. mortgage interest) and less income taxes. From what I have rea… read more
Thomas McJD
Thomas McJD
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Doctoral Degree
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Moms revocable trust states equal distribution(3 of us) of
Moms revocable trust states equal distribution(3 of us) of all assets after her bills are paid. she passed 8-28-10. No estate taxes in 2010. Heres two problems. Moms annuity says there is only one ben… read more
Daniel P.
Daniel P.
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WE HAD AN AB TRUST.HUSBAND DIES AND HIS 50% OF THE ESTATE (B
WE HAD AN AB TRUST.HUSBAND DIES AND HIS 50% OF THE ESTATE (B TRUST) GOES INTO A RESIDUARY TRUST AND THE OTHER 50% IN MY LIVING TRUST. THE ESTATE CONSISTS OF 3 RENTAL PROPERTIES.I MADE 3 DIFFERENT LLCS… read more
Legal Eagle
Legal Eagle
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Doctoral Degree
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My husband died without a will and just before he died he bought
My husband died without a will and just before he died he bought a small commercial property and was opening another small business. He established an LLC which would own the building and the business… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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