Home > Journals > Michigan Law Review > MLR > Volume 36 > Issue 2 (1937)
Abstract
The continuation of a business for the sole purpose of making a profit is clearly beyond the scope of liquidating the estate of a decedent. It is rather a trust of the business, created for the benefit of the creditors of the decedent and persons entitled to share in the distribution of the estate. The business is managed as a normal going concern, on a somewhat permanent basis, rather than as a temporary means of preserving the value for an advantageous sale.
Recommended Citation
Harry Adelman,
THE POWER TO CARRY ON THE BUSINESS OF A DECEDENT,
36
Mich. L. Rev.
185
(1937).
Available at:
https://repository.law.umich.edu/mlr/vol36/iss2/2