I recently was contacted by a company that stated my father, who passed away ~11 years ago, had an IRA that named myself as the beneficiary.
They are calming to know the transfer agent of the financial institution in which the IRA is held, and that they will take care of the account and transfer it to the beneficiary for %25 of the accounts value on the day of the transfer.
The company is "Legal Claimant Services", which is a division of Keane Co., and they seem to be a legitimate company. My questions are does anyone have experience dealing with this company, or knowledge of how an IRA transfer as the one I've briefly described customarily work? And is there any way to find out what financial institution would be holding this IRA without having to use a middle man type company such as this?