Whenever someone dies without a will, the rules of intestate succession take over. Nearly every jurisdiction uses these rules to try to emulate what would happen if a will did exist. In most cases, the property owned by the decedent flows down to any of his or her surviving heirs.
If you are considering creating a will, you've likely spent a long time planning it out. This is completely normal. A will is your final chance to distribute your cherished belongings to your loved ones.
Running a small business involves many considerations. Among them is the decision about what types of payments you will accept for your goods or services. At some point, many businesses decide to extend credit to their customers to facilitate sales.