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    4. If husband has a business and only his name is on the corporate paperwork, when he dies, does the business then automatically transfer to the wife as community property?
    If husband has a business and only his name is on the corporate paperwork, when he dies, does the business then automatically transfer to the wife as community property?

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    0  Views: 1031 Answers: 1 Posted: 13 years ago
    Tags: small business
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      Only a lawyer can answer this . You need to read the corporate paper work to understand the right of survivor ship . If there were partners or investors with vested interests then those interests will be spelled out   in the paper work . Why bother reading all the complicated stuff anyway? Drop it off at the lawyer and find out where you stand . Spend a little money and be done with this with proper advice and competent help.

      13 years ago. Rating: 2
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