How should I plan succession for my foreign-owned U.S. LLC if I die unexpectedly?
I'm a non-resident alien from Mexico and I'm the sole owner of a U.S. LLC that runs an e-commerce business. If I die suddenly, my family won't know what to do with the LLC, the bank accounts, or the ongoing business obligations. What steps should I take now to ensure a smooth transition? Do I need a U.S. will? What about the LLC operating agreement?
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