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Transfer of Shares- retain voting rights?

hotelaccounts · 2012-11-01 08:57:14

Is it possible to transfer shares from one spouse to another but retain voting rights? 'We' (husband & wife) invested in shares in his company. They were put in his name. We are now separating & would like to split them, however he does not want to dilute his ownership & voting within the company. I am thinking some sort…

01-11-2012 8:57am

#1

hotelaccounts

Registered Users, Registered Users 2 Posts: 21 ✭

Join Date: December 2009

Posts: 11

Is it possible to transfer shares from one spouse to another but retain voting rights? 'We' (husband & wife) invested in shares in his company. They were put in his name. We are now separating & would like to split them, however he does not want to dilute his ownership & voting within the company. I am thinking some sort of legal document could suffice? Any advice welcome.

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Comments

#2 01-11-2012 9:56am

nompere

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It can be done with some sort of trust agreement, but you really need to get proper legal advice.

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#3 01-11-2012 10:45am

Peterdalkey

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Posts: 1977

The normal way for this situation to be dealt with in the event of a marital separation/divorce is that the ownership of the shares is signed over under the normal division of all assets as per standard legal separation/divorce procedures.

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