My wife and I are sole owners of Weiser Iron. She is 51% and
My wife and I are sole owners of Weiser Iron. She is 51% and I'm 49%. However, I am a disabled veteran and need to change the stock to 51% for me and 49% for her.How do I cancel and reissue the correct stock certificates?
Counselor at Law
In a will, what does this pertain too? Bank accounts? All
In a will, what does this pertain too? Bank accounts?All remaining property, both real and personal and mixed, of whatever nature and wheresoever located, belonging to me at the time of death I hereby will, devise and bequeath unto BLANK and BLANK in fee simple.
Put extention on house, put stock up as collateral,got
put extention on house, put stock up as collateral,got divorced paid debt off myself bank returned stock to me,put it in safe forgot about it for 16 years can I cash in stock that's still in his name back of one certificate unsigned other signed by both our names, can I do anything/? Kitty
In the Power of Attorney form (in California), only item E
In the Power of Attorney form (in California), only item E (Banking & other financial institution transactions) was checked. Item H (Estate, trust and other beneficiary transactions) and other items were not checked.In this case, can the attorney-in-fact (agent) withdraw money from the principal's account on the ground that it is a gift for agent's daughter (US$50,000) in the circumstance that:a) Verbally authorization was given by the principalIf the answer is NO, what would be the charges? Civil or criminal charges?b) A written authorization was given by the principalIf the answer is NO, what would be the charges? Civil or criminal charges?c) No verbally or written authorization was given by the principalIf the answer is NO, what would be the charges? Civil or criminal charges?Note: Please do not put my questions and your replies on all the Internet webpages.
I have been sued collection by a former friend and business
I have been sued for debt collection by a former friend and business associate. I did not answer the lawsuit as I was not served properly and did not recieve the documents until now. I went online to check public records for Harris County, Texas and found the case. Next court date is in April for "Case Dismissal due to failure to prosecute".My question is should I answer the lawsuit? I need to defend myself due to lack of funds to hire attorney.Should I hire attorney to check on case and advise me how to proceed?
My mother just passed away, and I am in the process of
Hello,My mother just passed away, and I am in the process of resolving her out standing accounts including her bank accounts. We reside in the state of Californa, (which is where she passed).She has no will, less than $5,000.00 in her bank account, her estate is not in probate. The bank is requesting either a small court order or a small state affidavit in order to access her account.My questions are:1) what the the difference in the forms?2) which form would I likely need?3) wheee can I obtain the forms?Thank you Trina
I owe taxes on $180,000 on stock valued at $500K based on a
Hello again….I owe taxes on $180,000 on stock valued at $500K based on a loan appraisal of $3.5M [14.6%]. I returned said stock marked null and void due to the fact the majority owner [since deceased] quit drawing dividends putting me in a position ofhaving no income from stock dividends but still was subject to said tax. I included a clause in the contract they could buy me out at fair market value. The administration of the estate has acknowledged me as a stock holder “verbally” stating he denied myclaim because he “considered” me a stockholder. After six attempts, he has not issued me a new certificate nor provided me with pertinent bank statements so we can scrutinize probable improprieties, nor has he sent me a 1099 [thus putting me is a positionto pay penalties and interest. I am the only stockholder in the corporation, have to pay taxes [according to CPA'S and tax attorney's advice], but have not been given a 1099 or issued a new stock certificate nor requested copies of the corporate records reflectingstockholder status. [ Q1. WHAT RECOURSE OPTIONS DO I HAVE, IF ANY?] He told me the heirs want to sell. I gave him three buyout options to present to the heirs. One was for the appraised value of the corporate assets less brokerage fees heirs. He said he feltthat would fly but has not sent said options offering up the same excuses including that he had higher priorities, has to be meticulous and he was waiting on the bank to accept a new guarantor so they could unfreeze the assets and could not do anything elsetill then. I since set him up with my bank who said they would loan the funds to take out the bank & make allowances for a prepayment fee, if any. He has not sent the data the bank requested. Q2. AREN'T THERE STATUES WHEREIN AN OFFER SUBMITTED TO AN ADMINISTRATORMUST BE PRESENTED TO THE HEIRS?], [Q3] IS THERE ANY REASON I CANNOT CONTACT THE HEIRS MYSELF? [Q4] HE TOLD ME HE COULD NOT PROVIDE ME A 1099 BECAUSE HE HAD TO GET MY STOCK RE-APPRAISED. MY CPA DOES NOT KNOW WHAT THIS MEANS NOR DO I. WHAT, IN YOUR OPINION,IS HE ATTEMFPTING TO DO AND HOW CAN PROTECT MY INTEREST? [Q5] COULD HE BEING ATTEMPTING TO STALL ME UNTIL THE THE STATUTE OF LIMITATIONS RUN OUT? Any advice or thoughts would be appreciated.
My husband owns 50% of a company and his partner owns 50% of
My husband owns 50% of a company and his partner owns 50% of the company. Her husband works with the company, has a company vehicle and company credit cards. So doesn't that make him like 25% owner? I have ask to become part of the company 2 days a week as their Human Resource Person which they do not have and badly need as a $4 million dollar a year company. They have had 1 sexual harassment charge brought against them last year and it is still going on in the company again. Fraternization s an issue and they really need someone handling this. I am trying to look out for my husband's interest. And actually that is why we were married so I could look out for his interest in the company for him and his kids because he did not trust his partner or her husband. We have been married for 4 years and together for living together for 11 years. The company has been open for 15 years in November. However his partner will not see me as an equal to her husband and they have 2 checks coming into their household. Can you please guide me as to what route I need to take?