Legal Question in Wills and Trusts in Oklahoma

My father died and left everything to my brother. In addition to his life insurance there are stocks from the insurance company. They paid the life insurance but the stock is held by computershare.When he tried to get it they sent a form that requires a medialion signture that the bank refuses to sign for us. They called the company and they said there was not benficary listed for the stock. What can we do to get this stock?


Asked on 1/17/10, 4:02 pm

1 Answer from Attorneys
Mitty Means Mohanty Means, P.C.

When there is no beneficiary listed for the stock, your dad's estate has to be probate and all beneficiiaries share alike. Beneficiaries are listed by statute. 84 O.S. 213. So if your father does not have a Will, then it will go by intestate distribution.

Look up OSCN.net

Thenclinck on legal research, Click on Statutes. Then expand to title 84, scroll down to sectin 213 and there is your answer.

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Answered on 1/24/10, 8:47 am


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