Karmanopoly@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 23 hours agohockey team owner selfishly engraves his whole family on the Stanley Cuplemmy.worldimagemessage-square44linkfedilinkarrow-up11
arrow-up11imagehockey team owner selfishly engraves his whole family on the Stanley Cuplemmy.worldKarmanopoly@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 23 hours agomessage-square44linkfedilink
minus-squareKarmanopoly@lemmy.worldOPlinkfedilinkEnglisharrow-up0·15 hours agoHis youngest child is kindergarten age. Minors legally cannot own part of a hockey team.
minus-squareWindex007@lemmy.worldlinkfedilinkEnglisharrow-up0·12 hours agoMinors can legally own shares of a private company. I’m not saying THIS child does… and out of EVERYONE on the list that kid is entirely morally absolved anyways by virtue of being a little kid. But, they can own shares.
minus-squareKarmanopoly@lemmy.worldOPlinkfedilinkEnglisharrow-up0·9 hours agoMinors cannot sign contracts, so any ownership would be thru a trust or other legal apparatus. They’d have to write the name of the trust on the trophy
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up0·10 hours agoUsually it’s under a special type of account where the parents are the legal owners until the kid turns 18.
His youngest child is kindergarten age.
Minors legally cannot own part of a hockey team.
Minors can legally own shares of a private company.
I’m not saying THIS child does… and out of EVERYONE on the list that kid is entirely morally absolved anyways by virtue of being a little kid.
But, they can own shares.
Minors cannot sign contracts, so any ownership would be thru a trust or other legal apparatus.
They’d have to write the name of the trust on the trophy
Usually it’s under a special type of account where the parents are the legal owners until the kid turns 18.