For business owners, to capture the full value of the trust and avoid probate, the equity interests of the business should be transferred to the trust. This is a fairly simple and effective process. Owners of corporations or corporate stock can assign and transfer their stock to their trust. Similarly, members of limited liability companies can transfer their membership interest to their trust. Both of these transfers can be easily completed by signing a transfer document. Business owners should also consider amending their Articles of Organization and Operating Agreement to reflect the transfer of interest to the trust.
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