In this case, it is a construction company located in the United States. It is owned by one spouse, all bank accounts/credit cards etc. are co-signed by both. However, the business is a sole proprietorship of the one spouse who is terminally ill.
If that spouse dies, can the business carry on and finish up existing jobs under the direction of the surviving spouse, or will the state reclaim licenses? Will insurance no longer be in effect? How does the surviving spouse ensure that the existing projects and accepted bids can be carried out, have sub-contractors elected / paid etc? What must the surviving party do now to ensure that is the case?