West Virginia Letter to Shareholders

State:
Multi-State
Control #:
US-CC-12-1384FH
Format:
Word; 
Rich Text
Instant download

Description

12-1384FH 12-1384FH . . . Proxy Statement and Prospectus for approval of merger of (i) unrelated company ("Acquiring Company") into corporation (in which event corporation would survive merger and Acquiring Company would cease to exist), or (ii) corporation into Acquiring Company (in which event Acquiring Company would survive merger and corporation would cease to exist), or (iii) corporation into subsidiary of Acquiring Company that was organized for purpose of merger (in which event subsidiary would survive merger and corporation would cease to exist) and (b) conversion of each share of corporation common stock into right to receive 1.15 shares of Acquiring Company common stock. The determination of form of merger will be made by corporation and Acquiring Company ("Constituent Companies") based upon (x) corporation's ability to obtain from Securities and Exchange Commission an exemption from certain provisions of Public Utility Holding Company Act of 1935 and (y) determination by Constituent Companies as to whether it is desirable to effect merger in manner to assure that it qualifies as reorganization under Section 368 of Internal Revenue Code of 1986
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FAQ

Kanawha was a proposed name for the 39 counties which later became the main body of the U.S. state of West Virginia, formed on October 24, 1861.

There two ways to close the estate: (1) final settlement; or (2) waiver of final settlement. Generally, you must close the estate within 5 years of starting the probate process. W. Va.

Secession from Virginia was the hope of some western Virginians as early as 1829. Many western Virginians felt underrepresented in the legislature, overtaxed, and shortchanged in state spending. In many counties, rugged terrain made plantation agriculture impractical.

If such will directs the sale of testator's real estate but names no executor, or names an executor and the executor dies, resigns or becomes incapable of acting, and an administrator with the will annexed is appointed, the administrator with the will annexed may sell such real estate as aforesaid.

You might be able to avoid probate in West Virginia by: Establishing and funding a Revocable Living Trust. Titling property smartly: in Joint Tenancy.

Additionally, West Virginia does not require probate for estates worth less than $100,000. Real estate assets do not count toward the $100,000 total.

Kanawha was originally proposed as the state's name. The name honored a Native American tribe and a major state river of the same name. When the constitution for the proposed state was finalized in 1862, however, the name had changed to the more generic West Virginia.

Letters of Administration are given at the time of the appointment that prove authority to handle the affairs of the estate. Appraisement of the Estate & Non-Probate Inventory of the Estate WV Code § 44-1-14: The Appraisement of the Estate forms and instructions are given at the appointment.

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West Virginia Letter to Shareholders