5 days ago, my world got turned upside down when my boss and partner died suddenly without a hint of warning to us all. One day he was in office and making phone calls as usual to lunch with his business associates and the next he was gone. Now we as his partners have to take care of his estate and the continuity of the partnership and firm. We have had to set aside personal sentiments and notions of loyalty and seek legal advice ourselves as to the legal implications of his untimely death, especially what now we, as his surviving partners, are to do. The problem is that my late partner's son is not a lawyer which rather complicates things. We cannot let him assume the reins of the practice and step into his father's shoes because of this, as much as we may personally feel obliged to do so. The assets capital and Good Will of the firm belongs to the estate of my late partner and it is up to us now as the surviving partners whether to buy over the Good Will of the firm to continue the practice in the same name and style as before or to dissolve the partnership and call it a day. Me and my 2 other partners have come up with an initial sum of RM20,000 each to keep things running but we cannot personally pick up the daily expenses of the firm indefinitely. As such, a meeting with the family of my deceased partner and the representatives of the state bar has been arranged over the next few days so that we could iron out the various issues we have to deal with on an urgent basis.
I pray that God grants my late partner rest in heaven and mercy for his soul and divine guidance for us in managing his affairs and our partnership.
