Legal Question in Business Law in Florida
Transfering Of Stock
Can you transfer your full owner ship over to another partner without involving a lawyer or accountant with out having any problems in the future?
Meaning, giving your full stock away in just a letter, What do you do to make it leagal?
Asked on 12/08/05, 7:41 pm
1 Answer from Attorneys
James Woodruff
The Woodruff Law Firm, P.L.
Re: Transfering Of Stock
You can, however beware of tax implications. Also, if you are engaging in a fraudulent transfer there will be problems. I recommend consulting a lawyer on the matter. It should not cost as much as you think and will give you peace of mind.
Answered on 12/08/05, 11:12 pm
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