Q: My dad was the sole owner of an llc. He has since passed away. Do we restructure or start a new one?
A: A single member LLC is dissolved unless, within 90 days of the member's death, the deceased member's personal representative takes action to designate at least one new member. If an attorney was hired to handle the probate estate, talk to that attorney about it, or contact a lawyer familiar with LLCs.
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