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Category: Business Entities and Transactions

About Dissolving a Corporation After Death

September 27, 2021 Business Entities and Transactions

The first thing to understand about corporations is that they are separate legal entities, apart from their shareholders, who are the owners. Because of this, corporations have “perpetual existence.” A corporation’s existence goes on after a shareholder, even a majority shareholder, dies or otherwise leaves the company.  If your corporation…

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