LLC - Posted by Susan Cheshire

Posted by Robb Hurst, CPA on November 28, 1999 at 19:24:18:

Single member LLC’s are treated like any other item for your estate. You would own 100% of the stock in the LLC (just like owning Coke stock) and that stock in the LLC would transfer to your heirs just as any other property. I’m not sure the LLC would stay in existence after your death…The heir who inherits it would probably have to set up his/her own LLC. Email me at if you have any questions. You really need to go through some of these issues with a competent CPA in your area and your attorney.


LLC - Posted by Susan Cheshire

Posted by Susan Cheshire on November 28, 1999 at 09:57:09:

What are the estate implications of forming a single member LLC and holding real estate in the name of the LLC? What happens to the property upon the death of the single member of the LLC? to the LLC? A single member LLC is allowed in my state (Georgia) Thanks for any help.