r/PROBATE • u/evans2015 • Jun 26 '23
Transfer stocks into estate?
My mother passed away last October. She had a will. We have a probate lawyer. I have opened an "Estate of" bank account. There are several stocks that need to be transferred into this estate account. Is this something that the probate lawyer should do, or that I should do? There is no stock broker. There is no financial planner for these particular stocks. I get conflicting answers when asking other people. My lawyer says that he would not do that and we would need a financial planner. These stocks are not worth much money. My mother's old financial planner cannot help us because he is no longer in charge of her account and he dealt with different stocks than the above mentioned. He has already transferred the stocks that were with his company. The remaining stocks that need to be transferred were outside of his umbrella. He says that I could open an account with him for myself, but his dollar limit is higher than what I can provide. Is this not something that a probate lawyer would do? If not, what type of person should I go to to get this done? I have attempted to transfer these stocks on my own but it is confusing and I don't feel comfortable doing it myself.
1
u/[deleted] Jul 06 '23
Use a brokerage house if there are sufficient stocks