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[ronaldr]

My father passed away yesterday and it is still undetermined if he had made a will. He was with a woman as "man and wife" since 1988 and my understanding of Ohio common law marrages makes them legally married and she is entitled as if they had a marrage license to all his worldly possesions and funds. We were partners in a business (corporation )in which we each held 250 shares of the total 500 shares issued. In our last years minutes, he stated if anything should happen to him that the shares revert back to the corporation. My first question is:
Are the minutes of the corporation legal binding to return his stock to the corporation and keep my "stepmother" from taking his half of the business over?
My father was legally married twice. During each of those marrages there was a child that he claims was not his. He going to be viewed on the 7th of June, and his wishes were to be cremated. There is an atopsy being performed on the 4th of June.
Second question:
What if anything can I do or request in case either of these 2 ( adults now ) decide to try to tie up his estate or try to interfere with the business once he is cremated?

 

[Michael Wechsler]

This is an incredibly complicated matter. Much of this fact-intensive and too much for a simple reply.

My understanding about the minutes is that it will not affect the legal status of the shares. If the bylaws restricts transfer of the shares then you may be in luck and perhaps there is something to that effect in the minutes. Regarding the children, perhaps you should worry about crossing that bridge if you come to it.