But for death... would it be acceptable for me to execute a notarized document between us like a "Designation of Successor Shareholder" wherein I declare that in the event of my death that she is deemed the Successor Shareholder of 100% of my SCorp's stock and entitled to all rights and privileges that such a position entails?

I feel that this one may be trying to avoid declaring income based upon their distinct rejection of receiving a 1099.

What happens if they declare bankruptcy?

Again, I'm not an attorney, but for gross negligence to be declared, you'd probably have to either have known about the problem but purposefully not disclosed, or it would have been a problem that any reasonable person should have known about that you didn't disclose.If there is something that you couldn't have reasonably known about -- and that's why you didn't disclose -- you're probably pretty safe.

However, while there I discovered I have MS, which is an auto-immune disease which leads to eventual loss of muscle control.

I don't think nationstar rescinded I believe they filed the trust deed in sep 2011 and it was rescinded in jan 2012 because the homeowner declared bankruptcy.

Hey everybody, I'v got a question about a pushing a last minute short sale through after the owner has declared bankruptcy and elected not to keep the house.

Perhaps mold you saw actually caused a health problem and city officials declared it unfit for human habitation due to that.

Note that it takes awhile for a non-paying loan to be declared defaulted (up to 6 months) and trigger reporting to the IRS.

I doubt there are any no income verified or declared income loan programs any longer, just to point that out, those are history, pretty sure....For current and specific issues, I sugget you read the guidelines at the authoritative site. :)