eCourse
Protecting the Interest of Assignees
Contains material from Dec 2025
Protecting the Interest of Assignees
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I was hoping to get a deeper and clearer answer on what happens when at death of a majority member/partner. Specifically, when the heirs become assignees they have no rights of management, unless admitted. So does that mean the minority member/partner will run the company?
Technical Questions?
512.475.6700
service@utcle.org
Statutes provide default rules for what happens on the death or divorce of a partner or LLC member, most of which can be varied in the partnership or company agreement. A review of frequent issues owners should address before a death or divorce occurs.
Includes: Video Captions Audio Transcript Paper Slides
- Total Credit Hours:
- 0.75 | 0.25 ethics
- Credit Info
- TX, CA
- TX MCLE credit expires: 12/31/2026
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Sessions
Credit
1.
Protecting the Interest of Assignees (Dec 2025)
John C. Ale, Sallee S. Smyth, Jennifer Klein Strauss
0.75
0.25
0.00
0.75 | 0.25 ethics
Downloadable Materials
Transcript
(txt)
Paper
(pdf)
– 18 pgs
Slides
(pdf)
– 18 pgs
Session 1 —47 mins 0.75 | 0.25 ethics
Protecting the Interest of Assignees (Dec 2025)
Statutes provide default rules for what happens on the death or divorce of a partner or LLC member, most of which can be varied in the partnership or company agreement. A review of frequent issues owners should address before a death or divorce occurs.
Originally presented: Sep 2025 LLCs, LPs and Partnerships
John C. Ale,
Attorney and Arbitrator (Retired) - Houston, TX
Sallee S. Smyth,
Attorney at Law - Richmond, TX
Jennifer Klein Strauss,
Ytterberg Deery Knull LLP - Houston, TX