How Can a Business Handle Working with a Deceased Partner’s Spouse?
Our experienced Media Business Lawyers offer customized legal solutions for a variety of litigation issues, from transactional work to complex matters.
As experienced Media Business Lawyers, clients ask us how to handle a deceased business partner’s spouse if there wasn’t a shareholder’s agreement.
- If there is an agreement it is best to put a statement saying that when one partner passes, that partner’s life insurance through the company has to payout the family of the deceased.
- If there was no agreement, you should be working towards the dissolution process and seeking a buyout from the decedent’s family.
Are you a business owner that recently lost their partner and are dealing with one of their family members? Contact our experienced Media Business Lawyers.