bigcatsrock
Junior Member
What is the name of your state (only U.S. law)? WI
Hi:
My mother passed away in January 2008. She left behind no assets except some stock shares with an insurance company. The company requires me to fill out the transfer of stock form and get a medallion signature guarantee stamp from my bank. I took the paperwork to my bank, including the will that states I am the personal representative. The bank officer said that I need to go to the courthouse and obtain a domicillary letter stating I am a personal representative. I called the courthouse and they said there was no such thing, that I needed to put her estate into probate but if it is under $50,000 (which is it only a few thousand we are talking about here), that I can fill out a transfer by affadavit form. Help! What on earth do I need to get a medallion signature guarantee stamp from my bank. A different branch of the bank said they only need to see my ID and they look me up and record the transaction they are vouching for. Thanks for your advice/Help.
Signed, Confused in WI
Hi:
My mother passed away in January 2008. She left behind no assets except some stock shares with an insurance company. The company requires me to fill out the transfer of stock form and get a medallion signature guarantee stamp from my bank. I took the paperwork to my bank, including the will that states I am the personal representative. The bank officer said that I need to go to the courthouse and obtain a domicillary letter stating I am a personal representative. I called the courthouse and they said there was no such thing, that I needed to put her estate into probate but if it is under $50,000 (which is it only a few thousand we are talking about here), that I can fill out a transfer by affadavit form. Help! What on earth do I need to get a medallion signature guarantee stamp from my bank. A different branch of the bank said they only need to see my ID and they look me up and record the transaction they are vouching for. Thanks for your advice/Help.
Signed, Confused in WI