Gerry W. Beyer, of Texas Tech University School of Law, has made available for download his article, “New Case: Potter v. Potter”, published on the Wills, Trusts & Estates Prof Blog. The abstract is as follows:
In Potter v. Potter, James Potter owned an interest in a Maryland limited liability company. The members of the company agreed to who should receive each member’s ownership interest upon death of a member. After Mr. Potter passed away, there was a dispute over whether his interest would pass to the person named in the LLC agreement or to his estate.
Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.