LLCs and LPs and Death,

[Shafi Noss]

Hi everyone, I'd love to hear any thoughts on how LLCs and LPs (in a multifamily syndication for example) behave after the owner passes away. I've also wondered if an investor can enter a syndication or flip as a money partner through an LLC or if they're required to invest in their own name. Of course anyone can make an LLC to do their own investing, but I'm specifically wondering about investing as a money partner.

[Scott Mac]

Hi Shafi,

Talk to an attorney about setting up a Living Trust (Grantor Trust) to see if that's best for your needs.

Good Luck!