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Updated over 7 years ago on . Most recent reply

User Stats

14
Posts
5
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Cynthia Andersen
  • Gilbert, AZ
5
Votes |
14
Posts

Creating an LLC with your children

Cynthia Andersen
  • Gilbert, AZ
Posted

I keep hearing people saying they have set up LLC with their children who are minors and bought homes with it. I spoke to my attorney today, here in AZ, and he stated this isn't possible. Only if I create a trust then put the LLC in the trust.

For those of you that have done this, could you please provide me some insight on how you did it?

I would greatly appreciate it. 

Thanks!

Cynthia 

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