14

For instance: boyfriend invested a lot and managed to secure them (they never devalued as he kept them stable for a while) but one day he passed away, the thing is that he is the main shareholder who owns said corporate entity when he was still alive (so he's the only signatory noted on paper) so what happens then? Most of the legal framework and bureaucracy are all under his name.

It definitely won't his girlfriend who'll taking over as it's not even under her name nor was she delegated that responsibility prior as the title and experience of shareholding is under her boyfriend's name. I mean, shareholders are human beings (corporations are formed by people). In this case, he is the founder of the company that managed to take off financially that succeeded.

you are viewing a single comment's thread
view the rest of the comments
[-] anomnom@sh.itjust.works 4 points 3 days ago

If they were dating for long enough and especially living together for long enough, they might meet requirements for common law marriage and inherit the shares (and control, if they have controlling share quantities).

Unless a will, trust, or the corporation docs say otherwise I guess.

[-] AnchoriteMagus@lemmy.world 3 points 3 days ago

Depends. Only 7 US states still recognize common law, and some have hefty length of cohabitation requirements.

this post was submitted on 31 Mar 2026
14 points (85.0% liked)

Asklemmy

53820 readers
902 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 7 years ago
MODERATORS