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Re: Mr Twenton post# 5266

Monday, 11/21/2016 1:08:45 PM

Monday, November 21, 2016 1:08:45 PM

Post# of 6624
I only have generic information but the finra website has some good advice http://www.finra.org/investors/alerts/plan-transition-transfer-brokerage-account-assets-death

Best bet is that they get hold of his tax returns and look for holdings at brokers there or if he worked in a sensitive industry he may have had to declare his holdings and brokers. Otherwise look at his bank records for transfers in/out which will also maybe identify brokers. Then they can write to each one and they will then walk them through the deceased process. If they're lucky he would have had nominated beneficiaries on his accounts and the transfers once proper checks are done should be straightforward.

I am not an attorney nor a tax specialist nor a financial adviser. This information is my own personal amateur research.

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