Said It Here

Transferring physical custodial stock after custodian dies and name change

Transferring physical custodial stock requires navigating both a deceased custodian and legal name changes for the beneficiaries. Standard transfer forms fail to address these combined complications, leaving beneficiaries unable to update ownership without complex documentation.

What people tried

Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.

  1. 1
    Calling the transfer agent customer service line for guidance
  2. 2
    Attaching marriage certificates along with the transfer form
  3. 3
    Setting up an online account with the transfer agent to initiate the transfer process

In their words

Unedited, most upvoted first, each linked to the thread it came from.

Since then, grandfather has passed, two of the children have been married and had name changes, and nothing has ever been done with the stocks. So the stock is under the custodial custody of dead grandfather and in the maiden names of two of the kids.source ↗

The transfer form seems to be the way to go, but isn’t clear on how a transfer would work with the extra step of a name change in this situation.source ↗

ALocalBitch · r/personalfinance · 8 upvotes

I am currently going through this process for myself, minus the name change.source ↗

Real-Shame2572 · r/personalfinance · 1 upvotes

Where this came up

People with this problem also raised