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lwpat
lwpat, Attorney
Category: Business Law
Satisfied Customers: 25386
Experience:  Attorney with over 35 years of business experience.
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The President of our company, an S corp in New Jersey died

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The President of our company, an S corp in New Jersey died without anyone else authorized to sign checks. His wife wants to continue the company but isn't certain how she is to get her name as a check signer.
Submitted: 6 years ago.
Category: Business Law
Expert:  lwpat replied 6 years ago.
She will have to go to the probate court and be named as the personal representative of his estate. I assume that he is the sole shareholder. The personal representative can vote his shares. She can then vote herself in as president and do a corporate resolution that she be added to the corporate checking account. Check with the bank manager but that should be sufficient.
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