Legal Question in Business Law in Georgia

I just started a company as 50 percent owner. I have been divorced for 8 years, I have an 11 year old daughter with the ex, the ex have joint legal custody and I am engaged to marry. If I did, would my ex wife be able to any or all of my part of the company for my daughter or would a will that is in place rule the situation?


Asked on 3/17/12, 3:39 pm

2 Answers from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Your question isn't clearly worded but your ex likely would control your share when you die for your child absent a will and proper business paperwork, so you need a lawyer.

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Answered on 3/17/12, 4:05 pm
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

If you did what? A comprehensive buy-sell company agreement and a properly drafted will would allow you to control where your interest in the company would go upon your death or divorce.

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Answered on 3/17/12, 4:24 pm


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