Gianfranco Pietrafesa on Trusts as Members of NJ LLCs

Gianfranco A. Pietrafesa, a partner in Archer’s Business Counseling Group, continues his series of articles on New Jersey limited liability companies.  His latest article examines the issue of whether a trust or trustee is the member of a limited liability company, how a membership interest should be titled when it is held by a trust/trustee, and the consequences to a membership interest on the death of the settlor or trustee of a trust.