My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do?
“These shares are the only assets in her estate without designated beneficiaries.”
“These shares are the only assets in her estate without designated beneficiaries.”
BELLINGS Intelligence Score: 5
Why it matters
This is a personal legal and estate issue involving an individual investor's difficulty accessing assets due to incapacity, which does not affect credit markets or professional finance practices.
Sources
MarketWatch
My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do?
“These shares are the only assets in her estate without designated beneficiaries.”