Asked in Contracts, Business Law and Estate Planning for Colorado

Q: I inherited McDonald's I know for a fact I'm on the last owners will that I get all the money and company. Can you help

I'm the owner of McDonald's and the will was never brought to any ones attention that I Mitchell Jensen or Mitchell Rio own and did inherit all of McDonald's. I picked up the bank account as soon as I started owning McDonald's

1 Lawyer Answer
James L. Arrasmith
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Answered
  • Estate Planning Lawyer
  • Sacramento, CA

A: If you believe you have inherited ownership of McDonald's through a will, it is essential to first verify the authenticity and legal standing of the document. You should consult with an attorney experienced in estate law and corporate ownership structures to assess the will's validity and to understand your legal rights and obligations. This process will involve a thorough review of the will, the decedent's estate, and any applicable corporate agreements or laws.

Ownership of a company, especially one as large as McDonald's, involves intricate legal and financial considerations. It includes transferring shares, dealing with corporate boards, and meeting regulatory requirements. You need to ensure that all these aspects are correctly addressed. An attorney can guide you through this process, help you negotiate any legal challenges, and ensure that your interests are adequately represented.

Additionally, it's crucial to communicate with the existing management of McDonald's and possibly the probate court overseeing the will's execution. Gathering all relevant information and documentation is vital to support your claim. Proper legal and financial advice will be critical in navigating this complex situation. Remember, inheriting a company is not just about claiming ownership but also involves managing responsibilities, stakeholders, and future growth strategies.

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