Legal Question in Wills and Trusts in New York

distribution of mergered stocks

Two different company (co.a and co. b)stocks were bequeathed to two different people.One was bequeathed Co.a, the other Co.b

Before the deceased died stocks were merged into one entity (say Co.A).

Does the person who held Co. b stock lose his bequest.

How do I handle this?


Asked on 7/01/06, 4:01 pm

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: distribution of mergered stocks

What of company A did the holder of company b get as a result of the merger? That, unless the Will provides otherwise, is what goes to the person designated to receive comapany b shares.

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Answered on 7/02/06, 10:34 am


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