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Updated over 6 years ago,

User Stats

268
Posts
55
Votes
Brenda Whittaker
  • Investor
  • Cottonwood, AZ
55
Votes |
268
Posts

LLC stress! Can my revocable living trust own my LLC?

Brenda Whittaker
  • Investor
  • Cottonwood, AZ
Posted

Still trying to figure out how to form an LLC. I disagree with all of you who say it's simple! My current roadblock is this: Everything I own is in my revocable living trust, which avoids probate in the event of my demise, passing my assets to my heirs directly as they are owned by the trust which does not die. Ok. SO, here I am forming an LLC, now can the revocable living trust OWN the LLC? How do I have the trust own the LLC so that the LLC goes to my heirs directly ? Do I name it or me as its trustee as officer of the LLC? Gettin dizzy here!

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