How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Roger Your Own Question
Roger, Lawyer
Category: Real Estate Law
Satisfied Customers: 31787
Experience:  BV Rated by Martindale-Hubbell; SuperLawyer rating by Thompson-Reuters
Type Your Real Estate Law Question Here...
Roger is online now
A new question is answered every 9 seconds

My husband and I are divorcing. I formed an llc a few months

Resolved Question:

My husband and I are divorcing. I formed an llc a few months ago for property we own together. I am the president of the llc, we are 50/50 on the ownership, and we are both members, but nothing of value has ever been "given" to the other words, there is no property or money held by the llc. Also, there was never an operating agreement of any kind. He has agreed to sign the llc over to me, but would I be better off closing the whole thing down or is there a way I can re-organize it and keep it ?
Submitted: 6 years ago.
Category: Real Estate Law
Expert:  Roger replied 6 years ago.

Hi - my name is XXXXX XXXXX I'm a Real Estate litigation attorney here to assist you.


If the LLC has no assets at this point, there's no need to close it down. Instead, you just need to have a corporate resolution written up stating that he is transferring all interest in the company to you.

Roger and 4 other Real Estate Law Specialists are ready to help you