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Message
re: Re: Inheritance Question; Edward Jones
Posted on 5/8/13 at 8:40 am to Lsut81
Posted on 5/8/13 at 8:40 am to Lsut81
quote:
1) Pay $100 to open an account
frick that!
quote:
2) Stock will then be transferred into my account
Pretty typical
quote:
3) Pay $95 in order to have shares transferred to Scottrade.
frick that. It is probably a closing fee and not a transfer fee. In that case that is pretty standard.
You can probably have the executer sell the stock in the estate account and have a check cut to you as a third party request. At the very least they can cut the check to the estate and then the executer can write you a check.
2
Posted on 5/8/13 at 8:43 am to Janky
quote:
You can probably have the executer sell the stock in the estate account and have a check cut to you as a third party request. At the very least they can cut the check to the estate and then the executer can write you a check.
I'm the executor of the estate...
This post was edited on 5/8/13 at 10:31 am
Posted on 5/8/13 at 9:01 am to Janky
Do what janky said. Executor has the power to execute trades in estate account and can then have funds sent directly to you. If you insist on having it directly transferred the $95 fee is unavoidable in most cases
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