Archived
I currently own 50% of an s corp and trying to work out a buyout agreement with my partner who has lost interest
Brad's answer
|
Answered on October 30, 2012
To cash her out, either the corporation buys her shares and cancels them, or someone (like you) buys her shares.
The corporation must have...
Archived
Wife has past on and has Stock in her name only. What do I need to do as the husband to claim/withdrawal this stock?
Brad's answer
|
Answered on October 18, 2012
You do not need Letters Testamentry or a probate if wife estate is under $150,000.
A Probate Code 13101 affidavit will collect the assets, fill...
How long do lawyers keep wills/family trust documents? What do they do with documents when they retire?
Brad's answer
|
Answered on October 04, 2012
If the trust held real estate, you may find a copy recorded at the county recorder's office. Banks often will get a copy when opening a trust bank...
Archived
Am I personally liable for current balances owed to EDD on a dissolved incorporation (S).
Brad's answer
|
Answered on October 04, 2012
Could be that you are. The money due the EDD was likely withheld from an employee's check. The person that withheld the employee’s money should...
Archived
We want to start a non profit educational organisation. Is it mandatory that the name should have a co / corp / inc...
Brad's answer
|
Answered on October 04, 2012
For close corporations only: The proposed name must include the word corporation, incorporated or limited, or an abbreviation of one of those words...
Can an Executor of an Estate use a Power of Attorney to asign responsibiilities to someone to act on their behalf?
Brad's answer
|
Answered on August 27, 2012
Only the executor can sign documents and take actions for the estate. The Executor may hire others, subject to court approval to do task, sell...
Archived
How does the will's executor cash the deceased persons checks?
Brad's answer
|
Answered on June 07, 2012
You do not need Letters Testamentry or a probate if the estate is under $100,000.
A Probate Code 13101 affidavit will collect the assets.
Go...
Can the beneficiaries elect a new successor Trustee if there is a vacancy in the position, without court approval?
Brad's answer
|
Answered on June 07, 2012
Beneficiaries of an irrevocable trust may file a Petition in the Probate Court to compel a trust modification to change the trustees.
The...
Archived
Is it legal to be a cosigner by phone, then never receive any paperwork to sign, no bills, and called by debt collectors now ?
Brad's answer
|
Answered on May 31, 2012
See California Civil Code Section 1624. (a) The following contracts are invalid, unless they, or some note or memorandum thereof, are in writing...
Archived
Does the debts of the selling corporation becomes the buying corporations debts under successor liability?
Brad's answer
|
Answered on May 16, 2012
If B paid A fair market value for A's assets, then A had cash to pay its debts instead of non cash assets. B would not be liable for A's debts. ...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained