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Trustee as owner of an LLC - How?

Burbank, CA |

If one wishes to have a LLC owned by a trust, should the LLC operating agreement list the owner as "ABC Trust" or "John Doe, Trustee of ABC Trust"? Thank you

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Attorney answers 3

Best Answer

This depends on the type of trust created. For a standard revocable living trust, the trust itself can't own property so the membership interest would be issued to the trustee as trustee of the trust.

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Wow, another great answer. Often attorney's answers oh Avvo are inconsistent or off-point. Yours have been extremely informative and spot on. Thank you very much for your time. I'm wondering if there's a specific online resource you'd recommend which reflects this, and similar, characteristics of revocable living trusts.


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The Operating Agreement should reflect the Trustee of the Trust and name of the Trust. You should include in the Company book a Memorandum of Trust so that in the event the Trustee changes, the other members of the LLC would be on notice of who can act as Successor Trustee.