Legal Question in Wills and Trusts in Utah
spouse dies intestate and is partner in several corporations
If a spouse dies intestate, and is a partner in a limited partnership, a general partnership and also an S-Corporation, what can a surviving
spouse do to insure;(either before the spouses death or after) that they keep the interest in the spouses share and won't be left with nothing.
1 Answer from Attorneys
Re: spouse dies intestate and is partner in several corporations
Interests in these companies pass according to the intestate laws and according to the operating agreements of each entity. All of these agreements in which your spouse was involved must be carefully reviewed to see what your rights and options are. I will provide a "no-cost" initial consulatation to get some idea of what is going on. First, see if you can get a copy of the operating agreements; bylaws; and partnership agreements from each and bring or send me a copy to review for you.
Al Lundgren (801) 876-4422