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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...

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

Lawyer's Assistant: Has anything been filed or reported?

Wife was given all his assets . Myquestion is do i need to probate this if there is a will Nothing was reported

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

How does it keep going

Submitted: 11 months ago.Category: Estate Law
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Customer reply replied 11 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 .
Answered in 2 hours by:
7/29/2017
Estate Lawyer: Infolawyer, Attorney replied 11 months ago
Infolawyer
Infolawyer, Attorney
Category: Estate Law
Satisfied Customers: 62,941
Experience: Licensed attorney helping individuals and businesses.
Verified

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

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Estate Lawyer: Infolawyer, Attorney replied 11 months ago

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

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Estate Lawyer: Infolawyer, Attorney replied 11 months ago

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

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Estate Lawyer: Infolawyer, Attorney replied 11 months ago

Kindly let me know if that is clear and acceptable.

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Customer reply replied 11 months ago
Can you give me the nh statue
Estate Lawyer: Infolawyer, Attorney replied 11 months ago
It is not statutory. The terms of the will control. You are sole beneficiary. The shares did not pass to anyone else.
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Estate Lawyer: Infolawyer, Attorney replied 11 months ago
Good luck!!
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