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Thomas McJD
Thomas McJD, Attorney
Category: Estate Law
Satisfied Customers: 3170
Experience:  Wills, Trusts, Probate & other Estate Matters
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What are the laws for s corp in nh when an owner dies and is

Customer Question

what are the laws for s corp in nh when an owner dies and is only one that has shares. He did have a wll and his wi
JA: Has anything been filed or reported?
Customer: wife was given all his assets . Myquestion is do i need to probate this if there is a will Nothing was reported
JA: Anything else you want the lawyer to know before I connect you?
Customer: how does it keep going
Submitted: 2 months ago.
Category: Estate Law
Customer: replied 2 months ago.
I have a will says I inherit his estate and all assets
Shouldn't I be able to keep business running by hiring staff .
Expert:  Infolawyer replied 2 months ago.

Hello and welcome. I am working on your answer and will be right back!

Expert:  Infolawyer replied 2 months ago.

In this situation, the shares pass under the will to the beneficiary named in the will.

Expert:  Infolawyer replied 2 months ago.

As executor and beneficiary, you can take control, keep business going and operational!

Expert:  Infolawyer replied 2 months ago.

Kindly let me know if that is clear and acceptable.

Customer: replied 2 months ago.
Can you give me the nh statue
Expert:  Infolawyer replied 2 months ago.
It is not statutory. The terms of the will control. You are sole beneficiary. The shares did not pass to anyone else.
Expert:  Infolawyer replied 2 months ago.
Good luck!!