The wife does not own the property. The Trust owns the property. Title vests in the Trust. Cal. Rev. and Tax. Code Section 63-64 would not treat the transfer to the surviving spouse as a change of ownership when the spouse dies. The property reverts back to one of the original joint tenants. The Preliminary Change of Ownership statement that is required to be filed with the Affidavit-death of Trustee has a box to check that will not cause a reassessment for property tax purposes.
A Trust may be the sole member and managing member of an LLC. The Membership Certificate is issued in the name of the Trust. The Operating Agreement mentions that the Trustee of the Trust will act on behalf of the sole member Trust. It is simple. Not very complicated. It happens all the time.
California law requires that the shareholders elect the directors and the directors elect the officers. This is required to be done once a year. The California Secretary of State requires that you annually report any changes in these position by filing a Statement of Domestic Stock corporation. This is done by filing online on the Secretary of State page. The fee is $25.
The annual director minutes electing the officers (President, Secretary and Chief Financial Officer) should also...
The Operating Agreement will name the Trust as the sole owner of the membership interests. The Operating Agreement will require the signature of the sole owner. The Trustee will sign in his/her capacity for the Trust.
Many reasons could exist for doing this. More facts would need to be known. But, the obvious one is that one or more of the members does not want "flow-through" taxation to report the profit or loss on their own tax return. Sometimes non-US resident do not want this for various reasons.
You would need to determine the formula clause in the Trust allocating shares among the distinctive sub-trusts. If a pecuniary credit shelter-residuary marital trust, then the credit shelter trust would be allocated all the assets with the marital trust portion not getting anything. Please have an attorney review your trust.
A IRS Revenue Procedure exists that will allow for your late election to be approved. You mark Form 2553 with a note on the top of the form that it is being filed pursuant that Revenue Procedure. If you did not do this, the IRS will usually send you a letter requesting clarification on this matter. When you receive the form have a competent CPA or attorney assist you with the matter.
You can't use someone else's tax id number. It is fraud. With that said, if your friend agreed ahead of time to subcontract you to do the work. Then, you could possible argue that you were doing a job for your friend. They pay your friend and your friend pays you for your services.