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The third party should only claim the percentage they put into the property. Husband and wife's share should be divided 50/50. For example Husband 40% - Wife 40% - third party 20% Or Husband 20% - Wife 20% - thrid party 60% Get the idea? Husband and wife share equally.
The proper way to list a husband and wife when acknowledging them in a program would be 'Mr. and Mrs. Smith.' You might also say 'Dr. and Mr. Smith' or 'Jane and John Smith'.
yes she can own
Yes. A business can operate without being incorporated in any state. Such businesses are called proprietorships or partnerships. The advantage of incorporation is that if the business goes bust, the creditors can not come after your personal bank account or your wife's bank account. Your wife might make you incorporate so if you do something idiotic and lose your business to your creditors or as the result of a lawsuit, she will not lose her home.
Sainsbury's began as a partnership in 1869 when John Sainsbury and his wife opened a store in Drury Lane, London. J Sainsbury was incorporated as a private company in 1922 when it became the largest grocery group in the UK
Yes, it is possible if allowed by the laws of the state they are incorporated in. BURMESE BUDDHIST HUSBAND AND WIFE cannot enter into partnership.
A husband and a wife may not enter into a contract of general copartnership, because under the Civil Code, which applies in the absence of express provision in the Code of Commerce, persons prohibited from making donations to each other are prohibited from entering into universal partnerships.
Marriage is a partnership which infers that both parties have agreed to the circumstances of the partnership. The answer to the question is yes, a husband can be superior to his wife (or vice versa) it they both agree that this will be what they want.
only if shes a prostitute
yes...y not...!!!!!!
Only if the wife is actually a Notary!
Trouble.
Sure, just as the wife can take the husband's.
The CORPORATION whcih owns the business account can bring suit against the wife, but the husband, in his own name, may not.
Normally a surviving wife will inherit both the assets and liabilities of her husband, including bank loans. Marriage is an economic partnership.
If the business is a sole proprietorship or partnership, then the only debts or liabilities will belong to the individuals who are indicated on the Business Resolution. This is a C-Corporation and two parties own the business that are not related If the wife is not on the corporate resolution (signature) and was never authorized to incur debt or make contracts on behalf of the business, then she is held harmless (not liable).
It depends on the form of the business and whether there is community property involved.