What happens when someone in the family dies, leaving stock in The 13th Regional Corporation?
The first step is to notify the corporation that the family member is deceased. You or someone in the family will be sent a set of transfer documents to being the process. The corporation can not begin the transfer without a death certificate. You can obtain a death certificate from the Bureau of Vital Statistics or from the funeral home. Next, we need the ORIGINAL stock certificate returned to the corporation. If the deceased member completed his Testamentary Disposition (which is on the back of the stock certificate) then the shares will be transferred in accordance with that document. Our stock certificates MUST be returned to the corporation upon our death. If the shareholder also left a will, a copy of the will is requested and lastly, we need information on the new heirs so we can complete the transfer and create new files for the heirs. This form is in the set of documents that we mail out and we need names, addresses, date of birth, social security/social insurance numbers and
Related Questions
- What happens if the family member did have stock in The 13th Regional Corporation, but did not have a Testamentary Disposition or formal will?
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- What happens when someone in the family dies, leaving stock in The 13th Regional Corporation?
