QUESTION
In NYS if a sole proprietor dies are the heirs legally responsible for running the sole proproetorship
Asked on Jun 21st, 2012 on Business Law - New York
More details to this question:
My mom ran a sole proprietor private water comppany. She died last Aug. The NYS DPS says the heirs have to continue to run it, even though it loses money. Can they force us to run it?
1 ANSWER
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No one can force you to run the business. You can always refuse an inheritance and walk away from it.
Answered on Jun 22nd, 2012 at 8:06 AM