Can I open a sole proprietor business account in California, and designate a beneficiary? I'm getting different answers from different banks and would like to know what the regulation says.
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We don't have access to specific California banking rules. If you are concerned that the business will need to operate after your death, it may be wise to take the time to ensure things are done correctly and talk with an attorney familiar with state laws.
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We don't have access to specific California banking rules. If you are concerned that the business will need to operate after your death, it may be wise to take the time to ensure things are done correctly and talk with an attorney familiar with state laws.
