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Updated over 6 years ago on . Most recent reply

User Stats

64
Posts
152
Votes
Gary Barella
  • Flipper/Rehabber
  • East Brunswick, NJ
152
Votes |
64
Posts

Dissolve company and re-create another or transfer to Wife?

Gary Barella
  • Flipper/Rehabber
  • East Brunswick, NJ
Posted
I created a company a few months back but I haven’t made any deposits in it (doesn’t even have a bank account). I realize now I want it in my wife’s name. Is it cheaper to dissolve the company and re-create another one in her name or transfer (gift) ownership? The caveat to the first option is I want to keep the same company name as it is our daughters initials. And to the latter, I don’t want to pay to file transfer paperwork for a company that has zero assets. Any thoughts?

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