Q: My father passed away and had an LLC small business. How will the LLC impact my mother upon his death
Small construction business LLC. Will his spouse be liable for bills the company had? Is her house in jeopardy to fill company bills such as truck and other items?
A:
Hello. My condolences for the loss of your dad. The short answer to your question is it depends on the actual terms of the LLC and a host of other factors including co-owners of the LLC, any will, trust, creditors, etc.
Feel free to contact my law office if you seek to retain an attorney for this matter.
Office: 704-544-3394
Email: Cheryl@crwatkinslaw.com.
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