How do you go about selling stock from a deceased person?

Answer by  elb (1105)

The stock is among the assets of the deceased person and must be settled with the estate. The one who inherits the stock by settlement of the estate can sell it by informing the brokerage house or bank that the owner is deceased, and by completing paperwork to transfer ownership.

Answer by  Anonymous

Powers of attorney are for living people. the executor of the estate has to transfer ownership or sell it and distribute the funds according to the will

Answer by  jkroller (285)

The county clerk or other city official will have the stock transferred into a descendants name. that person can buy or sell stock. One of the best places to use for resources would be the funeral home.

Answer by  Champ (552)

60 days after the departed are considered deceased if you are eligible to receive their possessions it'll be as simple as selling your own stock.

Answer by  Latin4 (11170)

Call a reputable stock broker or company and ask how to go about it. Be sure that you find out the stock brokers background and the price they will charge to do this. Or if you have an retirement account handling your own money.

Answer by  gcmeyer2 (787)

First you are going to need a Power of Attorney. If you are not named the executor of the will then it may be difficult. I would find an attorney to help you out. They can work out the details for you and tell you the steps.

Answer by  knightmare (1231)

Stock is a portfolio asset, and with assets of the deceased would be left to a beneficiary in a will. If no will was made, it's going to be a lengthy court process unless someone was made power of attorney. To summarize, the stock has to be given to you.

Answer by  laura27 (1216)

Start power of attorney or call reputable stock company ask how to go about doing this. Find out about stock brokers background and what price they'll charge to do it.