In an effort to protect the health of our clients, employees, and communities from potential impacts of COVID-19, we are holding virtual meetings (via telephone) as an alternative to traditional face-to-face meetings. The quarantine does not need to stop you from getting the legal help you need and we are available to help entirely virtually! Feel free to reach out for a Free Virtual Consultation.

In order to express our gratitude and appreciation to all of the healthcare workers and first responders helping our communities, we want to extend a discount to each of them and their families on any estate planning services to help them protect and care for their own loved ones.

Over 90 Years of Combined Experience Credentials, Compassion and Commitment Make Us the Clear Choice

Business & Partnership Issues

Moving Forward Following the Death of a Business Partner

If a person dies while active in the operation of a family business, professional partnership or LLC, issues concerning management succession, equity transfers, liability for business indebtedness, and even employment matters can complicate the probate of the decedent’s estate. At BRMM, our Troy estate lawyers represent heirs, devisees, personal representatives, and trustees in resolving probate matters involving business assets, equity positions, and management succession problems.

Call (248) 494-4577 today to schedule your free consultation with Troy estate and probate attorneys.

Experience on All Sides of Business Interests

Our team has represented closely held corporations, partnerships, and other business entities that are sued in probate court by personal representatives or heirs of an estate.

We can help our clients resolve situations such as:

  • Conflicts between the terms of a will and terms of a buy-sell agreement or other business contract
  • Determination of business asset or equity transfers by contract to see if they can be recovered for the benefit of the decedent’s estate
  • Interpretation and enforcement of buy-sell agreements, management succession agreements, and other business contracts
  • Valuation, liquidation, and distribution of partnership or corporate equity interests when they are included as part of the estate
  • Resolution of problems when business interests are held in trust rather than as part of the estate
  • Assertion or defense of contract or tort claims involving a business in which the decedent had a controlling or significant interest
  • Resolution of management succession or employment problems in a family business
  • Injunctions and other equitable relief to preserve the business status quo pending the determination of opposing claims in probate court

Serving Oakland County Clients

At BRMM, our skilled lawyers know business and commercial litigation of all kinds. Together with our probate litigation practice, this background helps us understand the legal and practical dimensions of the transition a business must make upon the death of a principal.

Learn more about how we can help. Call BRMM today by dialing (248) 494-4577 or contacting us online.

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BRMM Blog

  • How Does Your Estate Plan Change As You Age?
    How Does Your Estate Plan Change As You Age? read more
  • What To Do If a Caregiver Takes Advantage of Your Aging Parent
    What To Do If a Caregiver Takes Advantage of Your Aging Parent read more
  • Should You Include a Living Trust in Your Estate Plan?
    Should You Include a Living Trust in Your Estate Plan? read more
  • Can You Probate a Copy of a Will in Michigan?
    Can You Probate a Copy of a Will in Michigan? read more
  • Why Do You Need Durable Powers of Attorney in Your Estate Plan?
    Why Do You Need Durable Powers of Attorney in Your Estate Plan? read more
  • Michigan Guardianship Visitation Law Authorizes Court Appointment of Limited Guardians
    Michigan Guardianship Visitation Law Authorizes Court Appointment of Limited Guardians read more
  • Estate Planning For a Child With Special Needs
    Estate Planning For a Child With Special Needs read more
  • What Happens If Family Members Disagree About Care of an Elder Parent?
    What Happens If Family Members Disagree About Care of an Elder Parent? read more
  • What Is the Role of a Trust in an Estate Plan?
    What Is the Role of a Trust in an Estate Plan? read more