If my mother passed away without a Will and had stocks valued at $220, how can I get them?

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If my mother passed away without a Will and had stocks valued at $220, how can I get them?

I had POA.

Asked on November 30, 2011 under Estate Planning, New York

Answers:

Sharon Siegel / Siegel & Siegel, P.C.

Answered 12 years ago | Contributor

A POA becomes not effective upon death.  I would suggest that you handle this matter yourself since it only involves $220 - which is likely more than a lawyer would charge.  You can either contact the transfer agent directly and ask for papers to change the title on the stock or liquidate, etc. or you can open a voluntary administration (cost is  $1.00) and submit the voluntary letters with a request in writing.  In any event, I would contact the transfer agent.


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