How do I transfer my LLC membership interests to a trust?
You can transfer your LLC membership interests to a trust using an Assignment of Shares document. This method also applies to corporate shares and privately held investments or securities.
Before proceeding, ensure that your LLC’s operating agreement or corporate bylaws permit such transfers under your specific circumstances.
It’s advisable to consult an estate planning attorney to ensure the transfer complies with all legal and business requirements. Ken Nance Law, based in Wilmington, NC, is a local estate planning law firm and can assist with transferring your LLC or business shares to your living trust.