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If shares in a company are left to you as a beneficiary under a will can they be transferred to your name?
Wiki User
∙ 11y ago
Certainly, provided they don't have to be sold to pay debts.
Wiki User
∙ 11y ago
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What happened to the Iraq Petroleum Company's Haifa Oil Refinery in Israel after 1948?
Shares transferred to the government by Israel under understanding with owners of the company, in 1959. Government corporation (URL) until 2006, when the company was split (two operating refineries), the largest, in Haifa, sold to private owners. Shares transferred to the government by Israel under understanding with owners of the company, in 1959. Government corporation (URL) until 2006, when the company was split (two operating refineries), the largest, in Haifa, sold to private owners.
Can an ex spouse who is the beneficiary on a life insurance policy have the claim denied in new york state?
Under normal circumstances, no. A life insurance company will pay the proceeds to the named beneficiary.
if LLC own shares in the other LLC can the creditor goes after the other LLC?
Yes - the shares are an 'asset' - whether they're shares in the business under investigation, or another company. The shares would be sold off (or 'liquidised' ) in order to maximise the cash value of the company for the benefit of its creditors.
What does ltd mean?
It stands for "limited" A type of 'Limited' company or corporation under the law of many Commonwealth countries or of US states. A modern variant is the "limited liability company" (LLC).
Is Navarre a publicly traded company?
Yes, shares are currently selling under $2 on Nasdaq under the NAVR symbol.
Why can't private companies sell shares?
A private company can sell shares, but only to friends or family. That is the definition of a private company. Should a private company choose to sell it's shares to the public, the company must register with the SEC for it then to become a public company. Evidence - A private company can sell shares, and remain a private company, using a Regulation D Exemption (to the Securities Act of 1933). To become a 'public' company, the company must be registered with the SEC under the Securities Exchange Act of 1934.
What if the beneficiary of a life insurance is deceased?
When a life insurance policy is purchased, the purchaser (usually the insured) designates a primary beneficiary and a contingent beneficiary. The contingent beneficiary gets the proceeds if the primary beneficiary predeceases the insured. The insured can name a new primary beneficiary by contacting the insurance company or the insurance agent. THIS IS ONLY TRUE FOR PURCHASED LIFE POLICIES___ NOT POLICIES THROUGH AN EMPLOYER UNDER ERISA.
Can your child be a beneficiary under your life insurance policy if you do not have legal custody of her and can a life insurance company require that you be their legal guardian?
Yes
Can a life insurance company change the beneficiary?
The only person who can materially change an insurance policy (including beneficiary changes) is the OWNER of the policy, who may or may not be the INSURED. The company does not have right to make a beneficiary change under federal law. In any case, beneficiary disputes are not uncommon. Finding the original policy will not solve this sort of dispute, since the beneficiary designation may have been changed after issue and will not be evident on the original. The insurance company may have acted upon a legitimate request to change the beneficiary, and if so they will (must) have a copy of that change form, signed by the owner's. (A copy of that change was probably sent to the policy owner at the time of the change, but it may have been lost).
What is a beneficiary under a will?
A beneficiary under a will is a person or other entity that receives a portion of the estate at the direction of the testator. A beneficiary can be a person, charity, trust, church, club, or any other entity that can receive property.
What is the meaning of government company?
The companies which are established under the Indian companies Act 1956. A companies whose majority shares are held up by the government is called a government company.
What if a beneficiary under a will dies?
It goes to next of kin
