Legal Question in Wills and Trusts in Ohio

Fiduciary's account form

If stock in Dad's name is transferred to Mom's name(sole beneficiary)is that listed as personal or real property not sold

and then do I also claimed it in the disbursement section?


Asked on 1/01/08, 3:14 pm

1 Answer from Attorneys
Nancy Fioritto Patete Nancy Fioritto Patete, Esq.

Re: Fiduciary's account form

Stocks or the money that is liquidated from the sale of stocks are personal property. When they are turned into cash for distribution to the beneficiaries, that amount is included in the distribution.

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Answered on 1/02/08, 6:41 am


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