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Great Grandmother's Stocks

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  • Great Grandmother's Stocks

    My great grandmother died in the 80s. She had stocks with numerous companies. Some of those stocks were left in my mothers name. My mother has since passed away. I have no documentation. I do have a couple of the stocks companies names. Any help would be great.
    Thank you

  • #2
    you gotta jump through a ton of hoops to re title them to your name

    death certificates at the very minimum to start with, you need to find the broker holding them and if none then you need the stock certificates.

    i still have 1 issue from my dads estate that i gave up trying on, its held in a brokerage account, i made 2 attempts to change title and was told 2 different prerequisites
    retired in 2009 at the age of 39 with less than 300K total net worth

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    • #3
      Call the company's investor relations department...tell them your problem. They will be able to help you.

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      • #4
        Most large brokerages (such as Vanguard or Fidelity) will help you deposit stock certificates into an account with them. You will need to document the steps by which you obtained ownership, including but not limited to death certificates and documents showing the decedents' estate has been processed by a court (probate). If you do not have the certificates, you probably need to contact investor relations at the company that issued the stock.

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        • #5
          I am in no way trying to be negative here, but I would like to step in and say this a big reason why people need to have a will setup if they have financal weath in any way(other than life insurance in which case you just need the beneficiaires setup). These things can be avoided if we make sure things are in order.

          I wish my dad would be better about what he has. If he passes away it will be a nightmare to figure out what is going on. He has some retirement the company gave him, but he also has no life insurance and what i THINK is an anunity that was started for him 25 years ago by the employeer he is with. Based on how he descxribed it (will give a monthly payout when he retires and he doesn't add to it) I think it is. Either way, a will would make everything much easier. He doesn't even known everything he has.
          Everything happens for a reason. Sometimes that reason is you're stupid and make bad choices.

          Current Occupation: Spending every dollar before I die

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