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[Music] what happens to the LLC membership interest after death in both single-member and multi member LLCs the owners require to have a plan for what occurs in the event when a member dies should the LLC proceed or should it automatically cause cancellation who has the right to purchase the interests of the deceased member do family members get voting rights or just assignment of distributions the LLCs operating agreement must contain clear answers to these questions careful planning helps both the family of the deceased member and the remaining members l.l.c member interest the LLC operating agreement describes that your LLC interest is your rights and privileges LLC membership interest is usually not held in the form of a membership certificate such as corporate stock instead it is usually set out under the term units in the operating agreements the LLC can authorize several units the units are then distributed to the LLC members in proportion to their ownership percentage that ca
