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If your co-owner has dementia, it's important to assess their capacity to make decisions regarding the business. You may need to consult legal or financial professionals to understand the implications for ownership and management. It might also be necessary to establish a power of attorney or seek guardianship to ensure the business is handled appropriately. Open communication with family members and other stakeholders is crucial to navigate this sensitive situation.

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2w ago

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Related Questions

What is the proper spelling of co-owner?

co owner


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co-owner of what? Be more specific.


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YES, owner/buyer/maker:::co/owner/co/buyer/co/maker....anyone else is 3rd party possession....


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That is the correct spelling of "co-owner" (one of the owners).


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A co-purchaser is a co-owner.


Does co-owner mean the same as owner?

Yes. The term co-owner signifies that there is more than one owner of the property.


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In a co-owner mortgage agreement, each co-owner is responsible for making mortgage payments and maintaining the property. They also have the right to use and occupy the property.


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The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.


Can one co-owner stop the other co-owner from having people in the home or moving people in the home?

Yes, one co-owner can stop the other co-owner from having or moving people in the home.