Question:

Can anyone help me with this questions?

by  |  earlier

0 LIKES UnLike

if a, b, c and d have equal shares of corporation stocks, a and his wife already dead their sons b which is dead, c and d still alive, b is dead but wife still lives, c and d their wives still alive. what will happen to the shares of corporation stocks of a and b? and what will happen if d tries to buy the

shares of b and c?

 Tags:

   Report

1 ANSWERS


  1. I take this assumption as all people involved are resident of community-property state and they have no other sibings and there is no will.

    When a died, all property go to a's wife. When a's wife died, all property will go to b, a's son. When b died, his share actually go to the wife because the wife is the only relative left but not by community property (estate does not run in community property, it is seperated).

    So now b's wife will have 50% and the stock, and c and d each 25%.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.