Written by attorney Melinda Garcia

What to Do When a Shareholder Dies

When a shareholder of your corporation dies, it can spark a lot of questions, such as who gets his or her remaining shares? If a relative inherits them, can you control to whom they go and that person’s subsequent role within the corporation?

Additional resources provided by the author

At Garcia & Gurney, ALC, our business attorneys help shareholders establish their rights in the event of a shareholder’s death. Our attorneys can review your existing articles of incorporation as well as any written agreements between the shareholders or help you draft new agreements that deal specifically with this issue. To speak with a Pleasanton employment lawyer today, contact by phone at 925-468-0400 or online.

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