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I am a president & CEO of a small incorporation I have registered. There are no directors or stake holders in the company. Can I make some one else as the President & CEO of the company and will leave the company. If so, how do I do that?

My wife died on May 10,2009.Since I found her at home alone,according to authorities, a fullautopsy would have to be performed. Thus far, it has been 5 weeks and after calling the medical examiners office they stated that the investigation was still pending; waiting on the results from the toxicology lab. Does that mean they suspect she may have been poisioned?

Is it illegal for a teacher to date a parent in the state of NJ? I dated a parent of a former student and broke up with him--he is not happy and is threatening me and my job --i need help--please help me i need the correct answer so I can pursue legal action if i have to.

Can a President of a 10 person S-corp in Georgia terminate his business partner who acts as the Vice President of the company? Both are (50/50) owners/shareholders but the Vice President no longer does his stated job and rarely comes to the place of employment. Both owners receive the same compensation although the President has run the company over the past 6 years while the other owner has slowly withdrawn. To date, the President has chosen to ignore this behavior for many reasons and has paid (the absentee owner) his full compensation. Recently, the President raised his salary from $155,000 (they both make this) to $200,000. This has prompted a lawsuit from the other owner/Vice President. The big question is if the President can terminate the Vice President (50/50 shareholder) as an employee of the company for not performing his job without 'approval' from the Board of Directors or Shareholders. Can he also 'Lower' his co-owners salary to get leverage in a possible buy-out? Optional Information: Cumming, GA (outside Atlanta), Georgia Already Tried: We have worked with a business lawyer (initial stages). The company by-laws are pretty generic and have no major changes to them - meaning they give the President powers to run the company subject to Board approval from what I can gather. The owners haven't held annual meetings and the Vice President has allowed the President to make all decisions regarding the company's course of action without dissent until this latest move when the President ultimately raised his salary in defense of the work load he has vs. the non-performance of any job function by the other owner and Vice President. The understanding is yes the President can fire the Vice President, but still will be obligated to pay him dividends or distributions as they are disbursed by the board/officers, etc.

If I form a LLC for my small business today would LLC protection apply to any prior credit obliligations or private investments that are a partof this company.