Probate with Businesses or Professional Practices

Arizona Business and Professionals Probate Attorney

In probate, estates owning businesses or professional practices can be delicate situations. Sometimes a Special Administrator needs to be appointed on an emergency basis to manage the business and preserve it as an asset for the estate. A skilled business probate lawyer can make a great difference in the events that unfold following the death of a business owner.

The Deloughery Law Office, P.C. represents individuals or business owners throughout Arizona with the often complex and sensitive probate and estate administration matters involving family businesses and other professional practices.

Business probate attorney Paul Deloughery works closely with clients affected by estates where someone dies owning interest in a business that becomes part of an estate or trust. Depending on the form of business, many issues can arise that have an impact on probate. Contact our law offices to discuss your business probate needs.

Probate and Sole Proprietorships

When the owner of a sole proprietorship dies, there is a critical need to manage the business right away, handling employee concerns about getting paid and preventing theft of inventory and other assets. Attorney Deloughery provides legal advice to the estate's personal representative about how to deal with the various business issues to be considered in effectively handling the probate administration.

Business Partnerships in Probate

Surviving partners typically don't communicate with a deceased partner's wife or children, or a special representative of a business-related estate. It is wise to have an experienced attorney's help in dealing with such issues as outstanding loans, assets, and breach of fiduciary duty that may lower value of the business later.

With our background in business succession planning, we will assist an estate's personal representative who may not have business experience, but is expected to understand how to perform accounting reviews, valuation and other special actions affecting the probate process. Contact our Scottsdale, Arizona offices to discuss your business probate concerns in a confidential consultation.