Do I Have Legal Rights Over a Business Registered in My Name?

Question from Veronica, Do I Have Legal Rights Over a Business Registered in My Name?

Answer from AI:

In general, if a business is registered in your name, you are typically considered the legal owner of that business. This means you have the right to manage the business, including making decisions about who has access to the business premises and its financial accounts. However, the specifics can vary depending on the circumstances and the laws of your state.

Ownership and Control

If the business is registered in your name, you are likely the legal owner. This means you have the right to control the business, including who has access to the business premises and its financial accounts. However, if your boyfriend has been contributing to the business, he may have some rights as well.

Banking and Financial Accounts

If the business’s checking account is in your name, you generally have the right to control that account. This includes the right to request any debit cards associated with the account. However, if your boyfriend is also a signatory on the account, he may have rights to access the account as well.

Removing Access

If you want your boyfriend to remove any business-related apps from his phone, you may have the right to request this. However, if he has been using these apps for legitimate business purposes, he may have some rights to continue using them.

Legal Advice

This is a complex situation that involves both business and personal relationships. It’s important to consult with a legal professional who can provide personalized advice based on your specific circumstances. They can help you understand your rights and responsibilities, and guide you through the process of asserting your rights.

Steps to Take

• Consult with a legal professional: This should be your first step. They can provide personalized advice and guide you through the process.
• Review your business registration documents: These documents will provide important information about who legally owns the business.
• Review your banking documents: These documents will provide information about who has access to the business’s financial accounts.
• Communicate with your boyfriend: It’s important to communicate your intentions clearly and directly. This can help avoid misunderstandings and conflicts.

Remember, this information is general in nature and does not constitute legal advice. Always consult with a legal professional for advice tailored to your specific circumstances. You can find more information about business ownership and control on the U.S. Small Business Administration’s website.