Things You'll Need

Instructions

1

Gather all information you can find on stock accounts that the deceased owned. Search bank records, investment accounts and portfolios, and other documentation to locate any investment accounts. Check the deceased person's computer as well to see if he had investment information saved in an accounting or other financial application.
2

Contact financial institutions listed on statements or documentation related to the deceased person's investment or stock accounts. If possible, contact the account manager or representative responsible for the deceased investor's accounts. This may help expedite the liquidation or redemption of the investments. Ask the representative of the bank, investment company or brokerage for any forms needed to facilitate the sale and redemption of the stock or investment accounts in the deceased person's name.
3

Complete all forms and paperwork required to allow the bank or investment firm to sell the stocks on behalf of the deceased investor. Submit the completed forms along with the death certificate and documentation, which authorizes you to receive funds from the redemption or sale of stocks. In most cases, a marriage certificate is sufficient for a surviving spouse. If you were not the deceased person's spouse, you should submit a copy of the last will and testament bequeathing the stock or investment accounts to you.
4

Wait for the bank or investment company to review the forms and documentation. Visit the office of the representative to sign forms finalizing the transfer of the account or dispersal of funds from the redemption of the investment or stock accounts.
5

Wait for the financial institution to complete the transfer of the investment account or sell the stocks for you. In most cases, the bank or investment company can sell the stocks and send you a check for the proceeds within a few days. For certain harder-to-place stocks, however, the transaction may require time to complete.