Limited Libility Corporation
Does the spouse of a member of a LLC have any entitlement to ownership? Example if divorce can the spouse get money from LLC?
Distribution does become community property...correct?
Asked on 8/13/08, 8:19 pm
1 Answer from Attorneys
Nick Pizzolatto, Jr.
Pizzolatto Law Office
Re: Limited Libility Corporation
Any property obtained during the marriage becomes community with certain exceptions. However, income from any source generated during the marriage is community.
Answered on 8/14/08, 8:59 am
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