Husband & wife multi-member LLC? - Posted by patsears

Posted by Rich-CA on January 23, 2008 at 21:48:33:

In community property states a married couple is a single member from the point of view of single vs multi member LLC.

Husband & wife multi-member LLC? - Posted by patsears

Posted by patsears on January 23, 2008 at 12:03:03:

Hello,

I was wondering if a husband and wife rental business set up as a multi-member LLC would get the charging order protection that seems to be dissapearing from single-owner LLC’s. If so, how effective has it been in court? If my wife does’nt want to get involved, do I have any other options to protect my fledgling single-member LLC rental business?

Thanks!

patsears

Re: Husband & wife multi-member LLC? - Posted by Bill H

Posted by Bill H on January 24, 2008 at 08:52:06:

What I have read and heard is that a husband and wife is considered one in almost all cases. I’d say get another …non-family…member for a small percentage of the deal.