Executor and Administrator may continue business

An executor or administrator may be authorized by the court, if not inconsistent with the terms of the Will, to operate as a going concern the business of the deceased that is a mercantile or similar business. Stock and goods cannot be sold for less than cost. In operation of the business may be replenished and promoted (advertises).

The court or even the clerk can authorize the sale of perishable property of the estate even if not for payment of debts.


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All content is for informational purposes only. It is also only intended to relate to Mississippi Estate Planning Law.  If other states are mentioned, they are mentioned as an example only. No legal advice is provided in this content. Laws change so you need to check for any updates by current laws in Mississippi.