Legal Question in Wills and Trusts in Florida
No will, limited assets
My mother, a resident of Florida, recently passed without a will. She was a widow. She named beneficiaries on all her limited accounts except for stock with a value of $4,000. Us four daughters agree to equally split the stock. How do we do that? The stock holding company said we needed a medallion signature. The bank will not give it without legal proof entitling me to sign. There are no other assets.
Asked on 1/24/09, 9:50 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: No will, limited assets
You will need to file a summary probate proceeding for this small estate in the county where your mother lived.
Answered on 1/24/09, 11:11 pm
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