Tags
Affidavit of Residence Form, Charitable Solicitations, Direct Registration, Final Taxes, Forgotten Assets, Inventory of Assets, Mail, Medallion Signature Guarantee, Rental Property, Tramsfer Package, Transfer Agent
For an executor, finding forgotten assets while the estate is open requires diligence and luck. In early January 2013, while keeping up with the mail for reasons mentioned in the article Keep up with the Mail and Charitable Solicitations, a letter arrived from an investment firm. While curious, I quickly opened the letter and began scanning over it. The letter was to inform the account holder (the decedent) that the account number changed because the firm changed transfer agents. In addition, the letter revealed that the decedent had seven shares of stock held in direct registration. After reading the letter, knowing exactly what to do, I immediately called shareholder services and asked for the transfer package.