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Investments with a Sole Proprietor Company where the owner dies

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asked on Nov 3, 2017 at 19:27
by   Dan Lee
edited on Nov 17, 2017 at 10:48
 
I would like to know what is the process to retrieve my investments with a Sole Proprietor company where the sole owner passed away due to a heart attack. He does not have a will but leaves behind a wife and a year old kid. 

What I have is the terms and conditions of the investment. A copy of payment (cheques) acknowledgement.

Thank you.
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1 Answers
answered on Nov 3, 2017 at 19:49
by   jeff005
edited Nov 3, 2017 at 19:53
by   jeff005
I would like to know what is the process to retrieve my investments with a Sole Proprietor company 
Get the lawyer services.

A lot depends on
1.  Whether it is documented at the stamping office
2.  Is there a "interests" element in the "investment"
3.  How the "investment" was drafted out and any tenure period
4.  Are you in  Capital Venture or an Angel investor?

Can claim from the deceased estate after all the deceased liabilities have been settled.

Please be kind to the deceased young wife and the one year old child.
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