Houston, TX asked in Arbitration / Mediation Law and Business Law for Texas

Q: Percentage of business related.

2 years ago I asked for a raise at the corporation I work at for the last 18 years.

They gave me 10% of the company, but I don't see the money until the company is sold.

Unfortunately, I was diagnosed with cancer a few weeks ago.

Can this percentage be left to my wife in my Will?

Thank You

1 Lawyer Answer

A: It depends on the specific nature of the transaction and may depend on the articles and by-laws of the corporation.

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