What to do if my grandma has passed and left my family with her home that is paid off and about $26,000 in stocks?

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What to do if my grandma has passed and left my family with her home that is paid off and about $26,000 in stocks?

She also has a total of $10,000 in debt with credit cards. Will this debt have to be paid back?

Asked on April 2, 2013 under Estate Planning, Michigan

Answers:

Victor Waid / Law Office of Victor Waid

Answered 8 years ago | Contributor

You should obtain the services of a probate lawyer to assist you to file for a petition for small estate administration so as to obtain title to the property into your name, in case you want to sell someday.


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