On the death of an agent who is a member of an agency partnership, the surviving spouse
and children, if any, of the deceased partner, or a trust for the surviving spouse
and children, may share in the profits of the agency partnership during the lifetime
of the surviving spouse or children, as the case may be, as provided by:
(1) a written partnership agreement; or
(2) in the absence of a written agreement, an agreement by the surviving partner or
partners and the surviving spouse, the trustee, and the legal representative of the
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.