MATHJAK107
Junior Member
What is the name of your state?NEW YORK
my wife and her son are partners in an LLC that has some real estate holdings that they inherited from her 1st deceased husband...its structured so that if my wife passes away then her share goes to her son....is this llc part of my wifes estate and is figured in the 1.5 million or is it not part of her estate and what merely happens is the llc distributions are divided up by the remaining partners ?
my wife and her son are partners in an LLC that has some real estate holdings that they inherited from her 1st deceased husband...its structured so that if my wife passes away then her share goes to her son....is this llc part of my wifes estate and is figured in the 1.5 million or is it not part of her estate and what merely happens is the llc distributions are divided up by the remaining partners ?