Posted on Mon Jul 13, 2015, on Probate and Estate Administration
From our “Ask a Question” mailbag: My grandmother died in Chester County without any real assets, except for a small bank account and some solely owned stock. Her will says her assets are to pay her last bills and anything left is divided among the grandchildren. We’re confused as to how to sell the stock. Do we have to sell it through Computershare or can we sell it through any brokerage?
During her lifetime, the stock and bank account could only be accessed or liquidated by your grandmother. Now that she is dead, the accounts will sit until an authorized person contacts the bank and brokerage. Since your grandmother died with a will, it likely names an executor. That person needs to take the will to the Chester County Register of Wills along with the death certificate, legal identification and a checkbook.