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Posted on 5/8/13 at 9:02 am to Lsut81
quote:
I'm saying that I have the probate... The state acknowledges that I am the executor of the estate.
You are NOT the owner then. You are the executor and sole beneficiary I assume? You become the owner when the broker opens an account, transfers the assets into your name after submitting the probate docs to the broker/dealer.
If you want to avoid some fricking hassles, have the man set you up an account at Edward Jones. Pay the $100 or whatever and then transfer it to Scott Trade 2 months later.
Posted on 5/8/13 at 9:09 am to Lsut81
quote:
The state acknowledges that I am the executor of the estate.
Yeah, you just have the letters of testamentary. This only shows acknowledgement by the court that you are authorized to act on the estate's behalf. In my opinion, the easiest way to do this is like Broke said, open an account in your name and transfer. It may cost a little, but it is easy.
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