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Wisconsin Heirship  Form

Wisconsin Heirship Form

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Instructions and help about heirship notice form

welcome back i'm attorney thomas burton i'm an estate planning and asset protection attorney here in wisconsin and today's question comes from a viewer and it's a question that has to do with estate planning real estate and limited liability companies so i'll summarize it briefly for you this person called me up and explained that they own an llc they're members in an llc with their parents the son has a 50 interest and the parents have a 50 interest this son also has a sister and they're the only two children of the parents and the question to me was what happened to that 50 percent in the llc and i should mention the llc owns rental real estate multiple rental real estate properties which is a great way to own and manage your real estate portfolio through an llc but the question posed to me was what happened if the parents were to pass away and i'm not sure if they have an estate plan or not but if they passed away what

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