Legal Question in Wills and Trusts in California
My husband passed away and left some Home Depot Non-Quailified stock options. I am trying to have them transfered into my name before they expire on 4/28/2012. Merrill Lynch requests a Certified Order of Distribution, and I don't know what that means. Aslo my husband left a will that states if he dies, the stocks are to be liquidated and distributed between his son, and myself,his wife. My husband's son died quite a few years ago and the will was not updated. To my knowlage, I was his only living relative at time of death. What is it I need to do, or send to Merrill Lynch to have this taken care of? Time is running out.
Thank You,
Sandra L. Case
4 Answers from Attorneys
You need to probate his estate and FAST. The order of distribution will come from the probate.
You are seriously running out of time. You need to open a probate case and lodge his will with the court. A certified order of distribution is a court certified copy of the judge's order that tells who gets what after a will has been probated.
You need to consult with an attorney who can help you decide what needs to be done and can speak with Merrill Lynch. Do not delay any further.
You will have to begin the Probate process immediately. The Order for Distribution is part of the Probate process but, as the name implies, is usually done at the end of Probate. Please do not delay. I would be happy to answer any other questions you have. You can email me at [email protected].
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