California  |  Wills and Trusts

Legal Question

Asked on: 8/22/13, 11:44 am

My father and I have a small business/ investment together, we are equal partners. He has passed away and there is no will. Can my brother and sisters come after my fathers share of the business? Or am I now full owner of the business?

2 Answers


Answered on: 8/22/13, 11:46 am by John Palley

Unfortunately they can go after dad's share of the business. I encourage you to find a probate attorney to help you out. Maybe you can work out a deal that's fair to all. -John


Did you find this answer helpful?

0 Users found this answer helpful.

0 Attorneys agree with this answer.


Meissner, Joseph & Palley, Inc. 1555 River Park Drive, Suite 108 Sacramento, CA 95815

Other answers from this attorney

Answered on: 8/22/13, 12:10 pm by Thomas Reid

I would agree with Mr. Palley. However, if you had a buy/sell agreement in place with your father, you may have a right to purchase his share of the business from his estate before it passes to your siblings. You should seek out an estate planning attorney to assist you.


Did you find this answer helpful?

0 Users found this answer helpful.

0 Attorneys agree with this answer.


Happe Reid, PC 9722 Fair Oaks Blvd, Ste D Fair Oaks, CA 95628

Other answers from this attorney

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

81 Answers given in the last few hours.

86611 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search