How to Change ownership percentage in an LLC

[Joe S.]

My oldest son recently opened an LLC in order to start investing. He hasn't done any business with the LLC as of yet. He is wanting me to help him with his business and give me a percentage of his business now after the fact that he's opened it. Of course, I originally told him that I could help coach him and it would be his business 💯%, but he feels better if I own a portion of it and would be a little more active with helping him getting it up and running…
Would it be simpler just to open a new LLC and close down the first one?  He hasn’t even opened up a checking account yet.  

[Chris Seveney]

Quote from @Joe S.:

My oldest son recently opened an LLC in order to start investing. He hasn't done any business with the LLC as of yet. He is wanting me to help him with his business and give me a percentage of his business now after the fact that he's opened it. Of course, I originally told him that I could help coach him and it would be his business 💯%, but he feels better if I own a portion of it and would be a little more active with helping him getting it up and running…
Would it be simpler just to open a new LLC and close down the first one?  He hasn’t even opened up a checking account yet.  

It is very simple - you should have an operating agreement in the LLC and you can amend it, if it has been shared in the past then you would do an amendment signed by him noting your percentage. If you do not have one then you can have one created that shows ownership perentages and you both sign it. Not legal advice and always should consult an attorney