lbones
Level 5
12-20-2023
10:51 AM
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This is the note that I received from the client. Trying to get them in here for a face to face but apparently the remaining partner had an accident requiring surgery.
We were told by Albany County that the partnership upon death ended. Bill went down to the county clerk’s office and amended the paperwork to remove Kelly’s name. Also, Kelly did not have a will so there was no directive as to his portion of the business. Bill is working with Kelly’s wife Patti as he thinks that the appropriate thing to do is purchase Kelly’s interest in the equipment as Patti stated she had no interest in the business.
Also, the EIN never changed for the business.