Author Topic: Transferring Business Ownership  (Read 5145 times)

Offline Breerents

  • Llama Wrangler
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  • Posts: 72
Transferring Business Ownership
« on: June 14, 2012, 12:28:22 PM »
Hey everyone.  Before I posted this I tried to look around the forums for an answer, but couldn't really find anything. My current household consists of a dad, mom and son and also a roomate.  The son and roomate are now a couple and will probably get married. The family also owns and is partners in a few businesses.  My question is if I have the son and his new wife move out and  I make them the active household, can they take ownership of the businesses? And will they get the household funds?

Offline Galena

  • Townie
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  • Posts: 159
Re: Transferring Business Ownership
« Reply #1 on: June 14, 2012, 12:57:14 PM »
I think the buisness owner ship will transfer automatically and for household funds I think you will need to move everyone and then kick out who you don't want.
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