JFLNYC wrote:Bakestar wrote:lethal wrote:ek wrote:another buck brother died yesterday
Missed the 0% estate tax year by less than 3 months.
So what happens to the Partnership when the last Buck Brother dies?
In the absence of any provision in the LLC Agreement to the contrary, the interest should devolve to his heirs.
Pretty sure the ownership group is a General Partnership, not an LLC. Although I'm not sure what the corporate form of Tri-Play would be, if anything.