Stock Ownership and Getting a Medallion Guarantee After a Death in the Family

  • If a person who holds stocks passes away without having a will . . .
  • Since the current rightful shareholder is deceased, the transfer agent would need a medallion guarantee to verify the signature of the Executor or Trustee.

Very often our eSignatureGuarantee office will get calls from individuals who may have just lost a parent or from someone whose spouse just passed away and they are looking for direction and guidance on how to address the ownership of stock after that person who owned the stock has passed away. Did they have a will?

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