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The video tutorial discusses how to sell or transfer ownership of an LLC. The speaker, CEO of Asset Protection Planners and Lawyers Limited, begins by revisiting the concept of an LLC membership certificate. The transfer can occur to another individual, a living trust, an asset protection trust, or another company. It is important to understand that an LLC member is similar to a shareholder in a corporation, serving as an owner, while a manager functions like a CEO or president, overseeing operations. Notably, a person can be a manager without being a member, highlighting the distinction between ownership and management within an LLC structure.