Maybe Death of a Partner?

[Golden Rocket]

There's no "maybe" about the death. It has happened. Partner was an 80% owner.

Death of a partner with more than 50% interest terminates the partnership. However, until his estate is settled, should the partnership continue by treating 80% of the ownership with the estate as the acting member, and then dissolve when the estate is settled?

Or does the partnership terminate immediately??

[Snaggletooth]

Bump It Up

Bump this thing up. The board is so active, the post is on page 2 in no time flat.

Surely this has happened before, and there is an answer. I can't find one...