person A runs a business in his own name as proprietor and owns some assets and has some liabilities. He unfortunately dies. He has a wife and son. The wife and son are named as legal heirs.
The legal heirs refuse to inherit the assets and liabilities of person A for various reasons. they have their own assets and professions and have no interest in the inheritance and the liabilities that come with it. They are also not close to person A.
what happens then? will the government, lenders, etc step in and deal with closing the business and paying off the lenders, selling property, etc?
will the legal heirs (wife and son) be forced by the law to get involved in any way?
