Does all the credential transfer to its legal heir after his

Soumit Bhattacharya (Querist) 06 April 2018 This query is : Resolved
Does all the business credential transfer to its legal heie after his death if the legal heirs wants to continue the business by the legal heirs name in a case of sole proprietor

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Ms.Usha Kapoor (Expert) 09 April 2018
Yes, all the credentials such as good will acquired in the business will transfer to legal heirs after the death of sole proprietor.

Guest (Expert) 09 April 2018
Please clarify the following points:

1) What do you want to convey about credentials and what are those credentials of the proprietor, which you want to use after his death?
2) Are you the eligible heir of the deceased proprietor of the business?
3) Does any will of the deceased proprietor exist there in favour of anyone?

Guest (Expert) 09 April 2018
@ Ms. Usha Kapoor,
If you understand the term "credentials" as used by the querist, under which law goodwill of a business falls within the scope of credentials?

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