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Property and legal

What if they owned a business?

Short answer

Do not make major business decisions immediately. Check if there is a buy-sell agreement, succession plan, or business partner agreement. These govern what happens next. If they were a sole proprietor, the business assets are part of the estate.

What this usually means

Do not make major business decisions immediately. Check if there is a buy-sell agreement, succession plan, or business partner agreement. These govern what happens next. If they were a sole proprietor, the business assets are part of the estate.

What to do next

Related questions

Official starting points

Rules and procedures can change. These official sources are the starting points used to review this topic.

Last reviewed: July 27, 2026 · California guidance unless noted otherwise

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