Want to leave business under my husband name only how do I do that
This varies by state. If you registered in MA, you can file with the secretary of the commonwealth, corporations division to amend your LLC certificate. You can remain a member while taking your name off the public record. If you are not sure how to do this, any local business attorney should know, and you should speak with your accountant about the tax implications of the ownership percentages.
Disclaimer: Answers provided by Attorney Lynn are general information for informational and educational purposes only. They are not legal advice, and the discussions on this site do not establish an attorney-client relationship. For advice about specific issues, please contact an attorney licensed in your state. Attorney Lynn is licensed in Massachusetts and makes no claims to knowledge of the laws of other states.
I would definitely talk to a lawyer about this. Simply transferring an LLC membership sounds simple, but single member LLCs are treated differently from a tax and creditor perspective. Giving up your membership interest without getting anything on return could create issues with your creditors.
If you want to keep owning the business, but don't want to have anything to do with running it, things would be simpler.
The key will be to tell the lawyer what you are trying to accomplish, and why, and get advice about the best way to do it.
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