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Partnership agreements routinely restrict the assignment of ownership interests unless the remaining partners consent to the transfer. Many of those Partnership transfer clauses allow for transfer without consent if the assignment is to a family member or acquisition is through the right of inheritance.
Deceased husband, during his lifetime, entered into an agreement with his wife who was not the mother of husband’s children. The agreement provided that husband was conveying real estate to wife by the entireties. The property at issue in this case was not conveyed in the agreement and remained in the name of husband.
Kemp Klein Attorneys Joseph P. Buttiglieri and Robert S. Zawideh successfully represented the the plaintiffs in a case in which they were disinherited. After hotly contested litigation, all the parties agreed to a 60/40 split of the estate, with the 40% group (who weren’t in the final will).
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