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My mother lives out of the country, however I have a Power of Attorney where I am authorized to complete the Sale, negotiating, etc of the property. She wants to move it into and LLC which is formed, and I would be the mamnaging member, she would be the majority member. What steps do I need to take to execute the transfer?
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Ancillary Probate Attorney serving Miami, FL
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Stephen R. Garcia-Vidal, P.L.L.C.
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A power of attorney and an LLC are different. An individual is authorized to execute documents on behalf of another individual. An LLC requires a manager or member. The operating agreement controls the authority.
Contact me at sgarciavidal@garciavidallaw.com if you have any questions. Thanks.
Answered on Aug 24th, 2020 at 3:35 PM