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In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: BIG TERM CASES posted by KEN YOUNG on May 31, 2003 at 12:12:33:
:
Just like I posted previously. Upon the death of a partner, a partnership no longer exist. That is a fact.
Now to expand. A new partnership can be formed, but that doesn't change the fact that the partnership is terminated upon the death of a partner.
You said that I was incorrect when I educated you to the fact that the partnership terminated with the death of a partner.
Let's see, you said it would be a good idea to form a NEW partnership with the spouse, split all profits even though she does nothing for the partnership??? She could be in the CAYMAN'S receiving her checks from the partnership, right??
If the partnership goes down the tubes with the death of one partner unless he forms a new partnership with the spouse, then why would anyone have a buy-sell agreement if you have to have the spouse on board??
You know nothing about this business. That is why you have to lie all the time.
A GOOD THING, EVERYONE KNOWS YOU KNOW NOTHING!!!
EVERYONE KNOWS YOU LIE ABOUT EVERYTHING!!!
YOU ARE LIKE A DOG CHASING HIS TAIL.
BTW:WHERE DID I SAY THAT A NEW PARTNERSHIP COULD NOT BE FORMED? I SIMLY SAID THAT THE CURRENT PARTNERSHIP TERMINATES UPON THE DEATH OF A PARTNER. YOU ARE AGAIN DEMONSTRATING YOU INABILITY TO CORRECTLY INTERPRET A POST. WHY DON'T YOU CONSULT MIKE WEAVER WHEN YOU NEED HELP UNDERSTANDING LIFE INSURANCE SITUATIONS?
YOU POSTED "INTERERNET". WHAT IS AN INTERERNET?
WHAT PART OF THIS POST DO YOU NOT UNDERSTAND?
Another fact, YOU HAVE NEVER QUALIFIED FOR MDRT, AND ONLY GOT TO ATTEND AS AN INVITED GUESS SPEAKER. PAGE #114 IS ANOTHER ONE OF YOU LIES.