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deceased business co-owner

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kraken

Junior Member
What is the name of your state?PA
My (incorporated) business partner died without a will, his family has sought the estate. Do I have any rights?
 


nextwife

Senior Member
What do your corp papers state regarding death of a co-owner? Do you buy out co-owner's inerest? Do you own equal shares? What is the value of the business? Is there inventory? Business debt? Was there future income of the decedant (commissions from transactions not yet closed, etc.)?

You may need an attorney, depending upon what is at stake.
 

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