Thanks for addressing my questions. When I mentioned that I was looking for a "clause", I imagined a corporate resolution or something like that that would give me authority to transact the business of the corporation (yes, sole shareholder) after the owner's death. And by death, I really mean...
Thank you for the thoughtful reply. One point of clarification: he doesn't want to "give" the business to me; he just would want me to have control of the business; the projects that the business engages in has various investors and the idea is that I would know how to finish up the...
My business partner has an Arizona-based one man S corp that he uses to develop real estate projects. I work closely with him but as an independent contractor, not an employee of the corporation. My partner would like to keep complete control of the corporation while he's alive but should he...