A sole proprietor’s personal and business assets are considered as one financial entity. The value of a sole proprietor’s business assets will be integrated into the comprehensive value of their estate. As long as the will is not contested, your estate administrator can distribute these assets in accordance with your wishes. Dependent on the total value of said estate, a large portion of your estate may also need to go towards your final taxes. When bequeathing assets in your will, account for these taxes so as not to financially strain your heirs. Remember, you are deemed to dispose of all your assets at fair market value at the time of your death.