Stock Transfer Question

[belle1989]

What is the name of your state (only U.S. law)? Illinois
My question is this: If an individual were to transfer a stock that was heired to another into his/her name, what would it take? Would just a signature be enough or would it require an official stamp? Medallion/notorized etc? I posted my situation under Wills & Estate but think I should have been here. Thanks!

 

[Kiawah]

You are going to have to be a little more specific with the details of your situation, it is much too vague.

How was the original stock (or stock account) titled? Who allegedly was it, that transferred the stock, and what is their relationship to either the ownership of the stock or the probating of the will. It could be that ownership of the stock passed directly to an individual (outside of probate), based upon how it was titled, for instance, w/rights of surviorship. Who is the PR assigned by the probate court? Who are you in this scenario, and why do you believe you are an heir to this stock. Etc, etc.

Or, it could very well be that the stock was sold to pay debts in the estate, and all debts get paid first before anything distributed to heirs.

You don't give enough concrete details.