The Business She Couldn't Run: What Texas Law Does to Your LLC When You Die
James Okafor built a profitable Plano restaurant over six years with two partners. When he died suddenly at fifty-two, his wife inherited his 40% LLC interest — or so she thought. Under Texas law, what she actually inherited was the right to receive profits but no vote, no management rights, and no way to stop the surviving members from making decisions that determined whether those profits ever materialized.
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