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When should an entity convert with regard to an LLC? Often if you formed an organization it in a position to less steps and cheaper to form a new LLC. Many statutes authorize the merger of an LLC with another entity like a partnership or corporation. Some state LLC acts provide that an LLC could not merge with another entity unless a genuine effort . unanimous consent of the members for such merging. Michael: Needs . reasons that clients write a living trust (or a fiction writer trust) is that it avoids probate. However, a trust avoids probate only fo
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