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Can a Trust Own a LLC?

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Can a Trust own a LLC? We have a LLC acct with it's own EIN in which the owners want to add their trust to. Both owners are co-trustees of the trust. Can we add it to the business account, and if so how would we style the roles and title?

Trusts own LLC's all the time. What I don't understand is how that impacts the LLC account. Ownership in the LLC could change all the time. The LLC would just give you a new corporate resolution if it involved adjusting who signed for the LLC. Who owns it from an operating standpoint is neither here nor there.

First published on 04/18/2021

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