Do next-of-kin inherit biz ownerships?

[stebbinsd]

If a grown up who either owns a business or has a partnership with a business dies, does his next-of-kin inherit the business interest (and start collecting payments accordingly) the same  as he inherits every other item in the household and family inventory?

What about book royalties? If the grown-up dies in the middle of the 6-week period of receiving royalties for a book, does the next-of-kin receive the remainder of the royalties?

[WickedSimmer87]

I havent played TS3 for ages, so i dont remember about deeds.
But unfortunately the closest relatives wont get the reminder of royalities.

[KRae]

The household keeps the properties and can collect the rent or sell them, but the royalties are gone for ever. I hate it when a writer dies the day before royalties are due.