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.
Click here to view Gerry W. Beyer’s summary of Potter v. Potter
Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.