LLC Membership Interest Gift Agreement

Easily formalize the gifting of LLC ownership.

This attorney-drafted contract ensures that the transfer of a membership interest as a gift is legally documented and clearly understood by all parties involved. Ideal for family transfers, estate planning, or other personal gifts of LLC interest.

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Last Updated: Apr. 8, 2025

M_LLC Membership Interest Gift Agreement

Why Use Our LLC Membership Interest Gift Agreement Template?

Legally Comprehensive and Current

Attorney-drafted by experienced business attorneys
Reflects current gifting and LLC legal standards
Includes clauses specific to gifting and IRS gift reporting

Simple to Customize and Use

Editable Microsoft Word format
Works for full or partial gifts of LLC membership interest

Protects Both Giver and Recipient

Clearly outlines gifted interest and responsibilities
Includes recipient acknowledgment provisions
Confirms no consideration (gift—not a sale)

Premium Template Single-use Template	Legal GPS Pro Unlimited Access, Best Value
📝 LLC Membership Interest Gift Agreement ✔️ Fully customizable and reusable	📝 100+ Premium, Expertly Crafted Contract Templates ✔️ Personalized Legal Checkup
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How It Works

🛒 Step 1: Complete Your Purchase ($35)

Add to cart and check out securely. You'll receive the template by email immediately.

📥 Step 2: Download and Edit

Open in Word and add your LLC and member details.

👥 Step 3: Review with Legal Advisor

Check with your attorney or LLC partners for any needed approvals.

✍️ Step 4: Sign and Store

Have everyone sign. Keep a copy for your records—no state filing is needed.

Quick Look: What You Get

Feature	What It Means for You
Attorney-Drafted Template	Professionally written and legally sound
Gift-Specific Clauses	Covers tax disclaimers and no-payment transfers
Editable Word Format	Customize in minutes with your LLC’s info
Partial or Full Transfers	Works for all types of ownership gifts
Consent Provisions Included	Covers approvals if required by your operating agreement
IRS Gift Reference (Form 709)	Notes IRS reporting if gift amount exceeds threshold
No Filing Required	Sign and store—no state filing needed
Immediate Access After Purchase	Download instantly and get started right away

Frequently Asked Questions

Is this valid in my state?

The template is designed for general use but should be reviewed by a local attorney to match your state’s specific rules and LLC terms.

Can I use this for a partial gift?

Yes, it's flexible for partial or full membership interest gifts.

Do I need other members' approval?

You might. The template includes language to handle member/manager consent.

Will this help with estate planning?

Absolutely. Great for long-term family business succession.

Can I ask questions about the template?

Yes! Our support team is here to help.