0
Presumably you meant to say that the wife, prior to her death, owned all the shares of the corporation. The shares would form part of the wife's estate and would be distributed according to her will or, if she did not have a will, according to the laws of intestacy (which might differ from jurisdiction to jurisdiction).
What else can I help you with?
Can a husband file charges against wife for taking money out of business account?
The CORPORATION whcih owns the business account can bring suit against the wife, but the husband, in his own name, may not.
Is the wife responsible for deceased husband's business credit card debt in the state of Florida?
In Florida, whether a wife is responsible for her deceased husband's business credit card debt generally depends on how the debt was incurred and the nature of the account. If the credit card was solely in the husband's name and used exclusively for business purposes, the estate may be responsible for the debt, not the wife personally. However, if the wife was a co-signer or if the debt was incurred for joint expenses, she could be held liable. It's advisable to consult a legal professional for specific circumstances.
Does a wife with no income have to file taxes with her husband?
It depends on how the wife is categorized and what assets are in her name, solely or jointly. Let's say there is a house in both of the names then yes, the wife has to file in a joint return with the husband. If the wife is a student then she will have to file and the husband may be able to claim her as a dependent. To be safe it is always better to file either a zero return solely or as the spouse on a joint return.
Can a wife notarize her husband's signature for his business?
Only if the wife is actually a Notary!
What do you call a business onwed by a husband and wife?
Trouble.
Can a husband take a wives business in divorce?
Sure, just as the wife can take the husband's.
What rights does a husband have to real estate and all other property in Oregon left solely to his wife by her father in an unwitnessed holographic will?
Oregon is not a community property state. The husband is not an heir of his wife's father. The husband has no rights in or to to the real estate.
Can a wife be sued for husband's business expenses?
It depends on the form of the business and whether there is community property involved.
A wife divorces her husband she isn't on any paperwork for the business is she still liable for any debt incurred by the business up to and including the IRS?
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).
If a credit card is solely in the name of a deceased wife is the husband responsible for the debt?
Only if the married couple resided in a community property state.
Is there a law against wife reporting directly to husband in a c-corporation setup?
No, but most corporations don't allow it as a matter of policy.
What does 'copreneur' mean?
I believe it refers to a couple, e.g. a husband and wife, who start a business together.---- Answer: That is true. Copreneur are couples into business and having personal relations too. Couples here could be anyone like Husband - Wife, people who are dating or couples of same sexes.
