LLC How to pass upon death?

[Lindel Turner]

I am sole member of LLC how do I leave this to my children? I have an operating agreement but does not mention what happens if a meme we dies. Do I add them on the operating agreement as members and pass it to them that way? Or a revocable trust? Or both?

[Lance Lvovsky]

@Lindel Turner

What does your Will or Trust say? Ideally you would transfer interest into your Revocable Trust to avoid probate and the expense that comes with that. Trust should dictate what happens to your membership interest in absence of any terms in the LLC operating agreement.