QUESTION

Transfer Ownership of LLC

Asked on Jan 27th, 2018 on Business Law - New York
More details to this question:
I am the sole owner of a small business LLC. There are no members, or employees. I have decided to leave the business, but instead of closing it, I want to transfer full ownership of the LLC to my brother. How do I do this?
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1 ANSWER

Estate Planning Attorney serving New York, NY
1 Award
Transfer the membership certificates, and amend the operating agreement.  Really simple if you have the black book notebook you probably got when you formed the LLC.
Answered on Jan 27th, 2018 at 3:39 PM

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