Because a corporation will continue after the death of a major shareholder, there is little need for planning or concern from stockholders in relation to the death of other stockholders.

Question

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The death of a major shareholder can significantly impact a corporation, especially in closely held companies, as it may affect control, decision-making, and the market value of shares. Planning is important to ensure smooth transitions and to address potential disputes or changes in ownership structure.

Because a Corporation Will Continue After the Death of a Major