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Updated over 6 years ago on . Most recent reply

Creating an LLC with your children
I keep hearing people saying they have set up LLC with their children who are minors and bought homes with it. I spoke to my attorney today, here in AZ, and he stated this isn't possible. Only if I create a trust then put the LLC in the trust.
For those of you that have done this, could you please provide me some insight on how you did it?
I would greatly appreciate it.
Thanks!
Cynthia