Quote:
Originally Posted by Amnorix
Then yes, just bring it to a broker. I imagine they take physical possession of the stock and then put it into your relative's name. Convert from physical, direct ownership to street name ownership.
That's my best guess, but they can do whatever needs doing. Or you could try to call the company's transfer agent. Computershare or whoever. Those services track who owns stock for each public company, and they may be able to help. I'd just call your broker, though, as a first step.
Given stock splits, etc. over the years she may own more or fewer shares than indicated on the stock certificate(s) itself, however. Will be interesting for you to find out.
Has she been getting proxies etc. in the mail all these years?
|
I have no idea if she's been getting proxies or anything. She just showed me the certificates last year (and was having trouble finding some of them), which made cringe.
Thanks for the help! I don't know if I'll talk her into entering the late 20th century or not, but figure I should try. However, my nightmare is that I'll take it to some broker who's never even seen these things, and they'll get lost in the system.