Question
One son who was in charge of the father‟s business, continued to run the business after his father‟s death. The estate was not wound up for several years. How should the estate be distributed now? From the profit of the business the son has purchased a property as well.
Answer
If the son had continued with the business with the consent of the heirs, then all of them are partners in the profit as well, including the property acquired from the proceeds of
the business. If the son had continued with the business without the consent of the heirs, then morally (diyaanatan) it will be incumbent to distribute the profit also to the heirs.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 27 No 01
- PDF page
- 10
Verbatim verified against the source PDF
Appears under MAKTAB SYLLABI. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.