<prompt> Human: My dad recently passed away and left me and my 3 siblings his heavy equipment rental business, as well as 100,000 to each child. My dad was sick for a few years, so the business kind of ran itself, but in regard to technology organization it is very outdated. I have had very little experience with that business running a business in general, so I am not really sure what I should do now that it is partially in my name. I dont live in the same state as this business and my sister and her fiancé are there most of the time. Due to family dynamics, my siblings dont really include me in decisions with the business thus far, and Im kind of kept in the dark on a lot of things. To be honest I have no desire to be a part of this, so after a year or so when they can afford it and if it appears to be a financially sound decision, I think I am going to ask them both to buy me out. However, between now and then I am wondering what steps I should take to make sure that I at least have a general Idea of what is attached to my name. Its become apparent that I cant rely on them to keep me in the loop on things, or think to involve me in most aspects. My brother has never had a legitimate job before, let alone ran a business, and my sister has been a licensed vocational nurse for the last 5-6 years and aside from that doesnt really have much work experience. I have a degree in science that included a few business accounting classes, and some small business management experience, but not too much. We have been urged to form and LLC with this business, but I feel like Im stepping into something I know nothing about. Should I get the business audited? I feel like I should be more aware of what goes on down there such as what the business is worth, which employees get paid what salary, what the equipment is worth, etc. Where should I even begin? What sort of peopleaccounts relating to my dad and his business should I reach out to? Basically, how should I cover my own ass here?As for my inheritance... should I just pop that into my bank account and sit on it in case I need to invest it back into the business in the future? Should I put it into some sort of account that accrues money? What are my options for that and what would be the most financially sane way to go about it? I work full time in a separate state and realize that I may ultimately need to quit my job in order to maintain a decent involvement with my dads company, but eventually I would like to branch out and do my own thing. I have ideas of investing in real estate in the town Im currently in, and just renting it out. Tourism is huge in our town, and people are constantly looking for housingretail space to rent so its something that I have been considering, but nothing is set in stone at this point. My apologies if I didnt include enough pertinent information. Please feel free to ask any questions to better assist me; Ill be standing by to provide any further details. Any help, or information is greatly appreciated.  <response>: Aside from what everyone here has mentioned Id like to say that reaching out to employees might be a great way to unload your part of the business. Sounds like your siblings might not have great cash flow aside from the 100k. Also there may be a manager there that has run the business during your dads last years. They might be unsure of the future of the business. Giving them some decision making power and a contract to buy you out may be the best thing for the business, you and eventually your siblings. 