Revocable Living Trust for LLC Owners

Protect your business and your legacy with our Revocable Living Trust for LLC Owners Template. This attorney-drafted document lets you establish a revocable trust designed to hold your LLC membership interest—giving you control during your lifetime and ensuring seamless transfer to your chosen beneficiaries after your death, without probate.


Last Updated: Apr. 8, 2025

M_Revocable Living Trust for LLC Owners

Why Use Our Revocable Living Trust for LLC Owners Template?



Tailored for Business Owners

  • Attorney-Drafted for LLCs: Specifically built for entrepreneurs and LLC owners.

  • Hold Business Assets in Trust: Allows your LLC interest to be owned by your trust.

  • Avoid Probate: Trust-owned assets transfer directly to beneficiaries without court delays.

Supports Long-Term Estate Planning

  • Maintain Lifetime Control: You remain in charge of your trust and business while you’re alive.

  • Flexible for Changes: Revocable at any time—update beneficiaries or terms as life changes.

  • Protects Family and Partners: Reduces confusion and disputes after your passing.

Easy to Set Up and Use

  • Editable Word Format: Quickly fill in your name, beneficiaries, successor trustee, and other key information.

  • Works with Existing LLC Documents: Designed to integrate with your operating agreement and membership records.

  • Step-by-Step Flow: Includes clauses for trustee powers, asset listing, and distribution terms.

 
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  • 📝 Revocable Living Trust for LLC Owners
  • ✔️ Fully customizable and reusable
  • 📝 100+ Premium, Expertly Crafted  Contract Templates
  • ✔️ Personalized Legal Checkup
$35
$39/ month
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How to Purchase and Use the Trust Template



🛒 Step 1: Complete Your Purchase ($35 per Template)

Add the Revocable Living Trust for LLC Owners template to your cart and check out securely. The file will be delivered to your email instantly.

📥 Step 2: Customize in Microsoft Word

Open the template and fill in your personal info, trustee names, successor instructions, and LLC interest details.

👥 Step 3: Review with Your Attorney

Ensure the trust aligns with your state’s requirements and your business goals. Add any additional assets or custom clauses as needed.

✍️ Step 4: Sign and Store

Sign the trust in front of a notary (recommended), store it safely, and make sure your LLC records reflect the transfer of ownership to the trust.

🎯 Ready to Set Up a Trust for Your Business?

Start building your long-term legacy with the Revocable Living Trust for LLC Owners.

Key Features of the Revocable Living Trust Template



  • Designed for LLC Ownership: Built to hold and manage your LLC membership interest.

  • Revocable and Flexible: Update or revoke the trust anytime.

  • Trustee Powers: Lists what your trustee can do—including managing business interests.

  • Beneficiary Provisions: Clearly states who inherits your interest and under what terms.

  • Notarization-Ready: Includes signature section with space for a notary.

Benefits of Our Revocable Living Trust Template



Long-Term Business Protection

  • Avoid Probate: Assets in the trust transfer directly, not through court.

  • Prevent Ownership Gaps: Ensures your business interest doesn’t stall in transition.

  • Integrates with LLC Planning: Use alongside assignment agreements and estate documents.

Simple and Professional

  • Attorney-Level Quality: Skip the high cost of custom drafting.

  • Editable Format: Make changes now or in the future.

  • Download and Use Today: Get started right after checkout.

Quick Look: Revocable Living Trust for LLC Owners



Feature What It Means for You
Attorney-Drafted for LLC Owners Built to hold and manage business interests
Revocable Structure Change beneficiaries or terms anytime
Avoids Probate Transfers assets directly to your heirs
Trustee Powers Defined Allows management of your LLC interest
Beneficiary Clauses Outlines who inherits and how
Editable Word Format Easy to fill in and update
 
Premium Template
Single-use Template
Legal GPS Pro
Unlimited Access, Best Value
  • 📝 Revocable Living Trust for LLC Owners
  • ✔️ Fully customizable and reusable
  • 📝 100+ Premium, Expertly Crafted  Contract Templates
  • ✔️ Personalized Legal Checkup
$35
$39/ month
Buy Template
Trusted by 1000+ businesses
 

Frequently Asked Questions



Q: What is a Revocable Living Trust for LLC Owners?

A: It’s a legal document that lets you manage your business interest during your life and transfer it to beneficiaries after death, all outside of probate.

Q: Can I use this if I own more than one LLC?

A: Yes. You can list multiple LLCs in the schedule of assets or create separate trusts if preferred.

Q: Do I still control my business after creating the trust?

A: Yes. As the grantor and trustee, you remain fully in control unless you name someone else.

Q: Do I need to file this with the state?

A: No. Trusts are private documents. However, you should update your LLC records to reflect the new ownership structure.

Q: Should this be notarized?

A: Yes. While not always required, notarizing helps ensure validity and is strongly recommended.

Why This Agreement Matters



  • Protects Your Business and Family: Avoids disruptions and court delays after death.

  • Gives You Control: You stay in charge of your business interests throughout your life.

  • Creates a Clear Succession Path: Helps your beneficiaries and business partners know exactly what happens next.

  • Builds a Legacy: Keeps your LLC and its value within your family or chosen circle.

 
Premium Template
Single-use Template
Legal GPS Pro
Unlimited Access, Best Value
  • 📝 Revocable Living Trust for LLC Owners
  • ✔️ Fully customizable and reusable
  • 📝 100+ Premium, Expertly Crafted  Contract Templates
  • ✔️ Personalized Legal Checkup
$35
$39/ month
Buy Template
Trusted by 1000+ businesses