I do not know! But for all reading this, it is why you get wills drawn up ASAP when there is a 2nd marriage! My husband didn't want to, thought it meant he would die, but I said we had to with 7 kids between us, & he has things he collects which should go to his kids, & I convinced him that his kids may not get his stuff. Plus, if we died together, with no will, none of our kids would get what we wanted them to have!
Good luck to KEN!! I hope he can do something! I do find it strange he has a will, but only if she died? I would dig deeper, Ken.
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Submitted 358 days ago...
Son's Father has passed away, son continues to run dad business
Son (Ken) is 24 years of age and has worked with his dad for 7 years. Family name business. Only one son. Step mother now taking ownership of business. Dad has stated several times to Ken that he must continue the business and that all the tools his. (business started before he married)
Ken has out sold his father's sales from last year. We think the step mom has plans to sell the name and business. She handed a written letter to Ken stating that he is wasting company time and is over paid. She still owes him the commissions.
Should he still respond in writing? (he has had a verbal conversation)
Seems that Ken's dad wrote a Will based on if she dies first - Ken would have recvd $250,000 and repaid mother for $100,000. (Ken's grandma)
Is there any thing Ken can do?
Answers
Answer 1 / 5
Submitted 358 days ago...
Answer 2 / 5
Submitted 343 days ago...
Answer 3 / 5
Submitted 343 days ago...
Answer 4 / 5
Submitted 339 days ago...
Ken, without a WILL this can be a 2 way street. You can actually speak to an attorney, being your father had the company BEFORE they were married. That is a good thing. On the other hand, she is a surviving spouse and unless a WILL was written she could take over for him. I had a friend go through the same thing. This is how I know. Don't waste any time. The sooner you speak to someone the faster they can help you. TRUST me, she is doing the same.
Answer 5 / 5
Submitted 288 days ago...
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