Business partner has died

[jb2big99]

What is the name of your state (only U.S. law)? Florida

If my business dies and he has a wife and kids, but no agreement of who will get what. What happens to his half of the business? The business structure is an llc in Florida.

 

[justalayman]

His family inherits his property which would include his interest in the LLC.

 

[xylene]

You need to talk to a lawyer ASAP about your options for how to proceed.