Legal Question in Wills and Trusts in California
How can a son of a deceased parent acquire shares of stock owned by that parent when there was never a benificiary assigned and the living spouse is afflicted with alzhiemers ?
Asked on 7/05/10, 11:07 am
3 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Your poor old Mom, or stepmom, owns the stock, and you can't get at it short of your becoming Mom's conservator.
Answered on 7/05/10, 2:14 pm
Terrence Thorgaard
Thorgaard Law Firm
Did the deceased parent leave a will?
Answered on 7/05/10, 3:16 pm
The deceased parent's estate must be probated, regardless of whether there is a will or not. Only thorough probate can ownership of that stock be established.
Answered on 7/06/10, 12:32 pm
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