Assignments of Business and Other Interest

Why do you need Assignments of Business and Other Interests?

An Assignment is a document that transfers your business interests to your Revocable Living Trust.

You should have an Assignment prepared if you own an interest in any of the following entities:

  • Limited Liability Company
  • Limited Partnership Interest
  • General Partnership Interest

An Assignment can also be used to transfer your interest in promissory notes and deeds of trust to your Revocable Living Trust.