In New York, an LLC operating agreement may control the disposition of a membership interest at death, even when the result conflicts with the decedentโs will. When the agreement operates by contract and is not an attempted testamentary disposition, it prevails.
This rule matters because LLC succession is often planned in entity documents rather than estate planning instruments, and disputes frequently arise when the two do not align.
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Hani Sarji
New York lawyer who cares about people, is fascinated by technology, and is writing his next book, Estate of Confusion: New York.
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