Leadership Points in that business, Melaleuca will combine the Leadership Points from both their business and the inherited business to determine the status and bonuses for both of the businesses. The individual will only need one Personal Production Account. I have just inherited a Melaleuca business. Now what do I do? Provide Melaleuca’s Business Development department with the legal documentation regarding the inheritance. The Designated Manager must sign an IMEA on behalf of the inherited business, and other documents may be required depending on the ownership structure. Why can’t I leave my business to another Marketing Executive who is not a family member? This would be a way to circumvent Melaleuca’s longstanding restriction on the transfer or sale of a business. Permitting this would create incentives contrary to the principles behind the Melaleuca Compensation Plan to the detriment of other Marketing Executives. I want to leave my business to my three children. How does this work? Melaleuca will generally make an exception to its one individual or married couple ownership restrictions in the case of an inheritance to multiple family members. One family member will become the Designated Manager and will sign an IMEA. If the transfer is to a legal entity, the legal entity will also sign a contract restricting future transfers of interest and agreeing to comply with Melaleuca’s Statement of Policies. Can the Designated Manager of the inherited business be changed? Melaleuca will use its sole discretion to consider (approve or not approve) a change in Designated Manager to another family member on a case-by-case basis. Consideration can be made as an accommodation in exceptional circumstances, but not simply for convenience. Can my children transfer or sell their interest in my Melaleuca business? No. However, their interest can be inherited. Melaleuca may permit transfers among common beneficial owners for extenuating circumstances. How does inheritance work in the case of a legally married spouse? If you leave your business to your surviving spouse, then the surviving spouse can take over the business and will be recognized the same as if the deceased spouse were still alive. Can I leave my Melaleuca business to someone other than my spouse? In other words, can I disinherit my spouse? This is a complicated question of state law, and the answer depends on many factors, including where you live, how you have structured your assets, whether your spouse agrees, and what other assets of value you are leaving to your spouse. Melaleuca cannot provide legal advice on how to divide your assets in order to comply with state law.
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