Tag Archives: southeastern virginia

Transferring LLC Membership Interests Part 2

Part 2: Voluntary Transfers

In this 3-part blog series, we’re discussing a variety of aspects to consider when transferring membership interests in an LLC. Check out our overview blog on this topic before reading on about voluntary transfers. An LLC affords its members a certain amount of personal asset protection. Part of this...
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Transferring LLC Membership Interests

Part 1: An Overview

Say you are a member of an LLC, meaning you own membership interests in it. But what if you want to leave the LLC? What if you get a divorce? What if you have creditors seeking immediate repayment? What can you do with your membership interests? The answer depends...

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Three Keys to Protecting Yourself from a Rogue Executor

Unfortunately, sometimes a death in the family can bring out the worst in people.

Indeed, family resentments sometimes simmer during a time of grieving - particularly when money and assets from the deceased’s estate are involved. If you are a beneficiary under a loved one’s estate plan, you may...

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Executor vs. Trustee –What’s the Difference?

Estate Executor Duties

An executor, sometimes called a personal representative, is the person who is named in a will, appointed by the court, and responsible for performing under the terms of the will and handling the estate. The laws vary by state, and an executor may work under court supervision or may be able to do...
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