Legal Guidance For Probate Involving Businesses In Ohio

Last updated on June 10, 2025

When a business owner dies, their business must go through the probate process. In Ohio, probate is the legal procedure by which the court supervises the distribution of a decedent’s estate. If a business is part of the estate, it must be included in the probate process, and the business may face disruptions during this time.

At Hurley Law, LLC, our attorneys assist business owners and their families in navigating the complexities of probate, ensuring that business operations continue smoothly during the transition.

What Happens To A Business When The Business Owner Dies?

When the owner of a business passes away, the business becomes part of the decedent’s estate, and it must be managed as part of the probate process. The court will oversee the administration of the estate, including the ownership of the business. Depending on the business structure, whether it’s a sole proprietorship, partnership or corporation, there may be different steps to transfer ownership or appoint new management.

Common Issues During Probate Involving Businesses

Several issues commonly arise when a business is involved in probate:

• Disruption of business operations: Leadership changes or disputes among heirs can impact day-to-day operations.
• Access to funds: During probate, assets may be frozen, making it difficult for the business to cover ongoing costs.
• Ownership disputes: Without a clear business succession plan, family members or partners may disagree on the future of the business.
• Financial strain: The business may face cash flow issues as the estate is settled, potentially affecting its long-term viability.

We understand the challenges that arise when a business is involved in probate, and we are here to provide the legal support you need to move forward confidently.

Free Consultation With An Ohio Probate Lawyer

If your business is involved in probate in Ohio, do not face the process alone. Contact Hurley Law, LLC, for a free phone consultation. Call 513-318-9893 or fill out our online form to get the legal guidance you need to manage the probate process effectively and keep your business operating smoothly.