• The New North Carolina LLC Act as Estate Planning Tool
  • June 24, 2015 | Author: Joshua M. Hayes
  • Law Firm: Shumaker, Loop & Kendrick, LLP - Charlotte Office
  • On January 1, 2014, the North Carolina General Assembly repealed Chapter 57C of the North Carolina General Statutes and replaced it with Chapter 57D, which became the new North Carolina Limited Liability Company Act (the “New LLC Act”). See N.C. Session Law 2013-57. This New LLC Act provides both corporate and estate planning attorneys with a great opportunity to review and revise the terms of their client’s operating agreements.