ALBURO ALBURO AND ASSOCIATES LAW OFFICES ALBURO ALBURO AND ASSOCIATES LAW OFFICES

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June 1, 2022

Business Law and Labor Law Updates

The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.

 

 


ALLOWANCE AND DISALLOWANCE OF WILLS


  • Wills may pass any property when it is allowed by law

  • Wills shall be proved and allowed through probate proceedings in court

  • Probate proceedings is a process which ensures that the wills follow the law

Continue reading . . .

 

 

 

 


RIGHTS OF A STOCKHOLDER


  • Stockholders are entitled to dissent and demand payment of the fair value of their shares.

  • Stockholders have the right to vote, receive dividend, and inspect corporate books.

  • Stockholders are entitled to institute derivative suit.

Continue reading . . .

 

 

 


MAY A WILL BE REVOKED?


  • A testator has the right to revoke his will

  • A right to revoke a will cannot be waived

  • A will may be revoked by burning, tearing, cancelling, or obliterating its contents

Continue reading . . .

 

 

 

 


MAY AN EXECUTED WILL BE SUPPLEMENTED?


  • A Will may be supplemented even after its execution

  • A codicil is supplement or addition to a Will

  • A document or paper may be considered part of the Will

Continue reading . . .

 

 

 

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