I lent money to a business owner. He wrote a business check in my name payable several months from now. In case of his death, will his heir be responsible for this check?
If you hold a documented obligation (such as a signed promissory note), you will have a claim on the business owner's estate should he die before you cash the check, but you will need to make sure you enter a claim against the estate within the time period allowed by state laws.
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If you hold a documented obligation (such as a signed 