An acquaintance received an inheritance which included a boat in a marina. She is disabled and needs to do all this right. Attorney says sell it immediately, but I have a question or two.
Obviously the estate is responsible for any debt connected with the boat as well as any pollution concerns.
What involves accepting an inheritance, and are boats different than other assets? If she accepts the inheritance and boat has more liabilities than the estate obviously she wouldn't want the estate or the boat.
Assuming the boat has a positive value, who might an appropriate broker in the Seattle area be?
Obviously the estate is responsible for any debt connected with the boat as well as any pollution concerns.
What involves accepting an inheritance, and are boats different than other assets? If she accepts the inheritance and boat has more liabilities than the estate obviously she wouldn't want the estate or the boat.
Assuming the boat has a positive value, who might an appropriate broker in the Seattle area be?