Good day fellow members,
According to merits of partnership if I pronounce my son (minor)as my business partner,I earn his income till he turns out to be a major.
(1)What would happen if my son dies in some kind of accident?
(OR)
(2) What would happen after the divorsement of me and my wife.Who will be incharge of collecting his income as till the age of 14 the son must be with the mother?
(3) IF THE MOTHER IS INCHARGE HOW CAN I PREVENT HER ENTRANCE?
I ASK THIS JUST TO CLARIFY AND ENSURE MY FAMILY'S SAFETY.
Thanking you in adavance.