Why are profits earned after the date of death generally not included in a deceased partner’s share?

Correct answer: After the date of death, he no longer remains a partner in the firm’s profits

After a partner’s death, the partnership relationship generally ends for that partner; therefore, he is not ordinarily entitled to the firm’s regular profits earned after the date of death. His amount due normally includes his share of profit up to the date of death, capital, current account balance and other adjustments. However, if the final settlement has not been made, the legal representative may have a claim under the applicable partnership provisions. Exam tip: calculate the deceased partner’s profit share up to the date of death, not for the period after it.