How do I sell inherited stock?
August 22, 2011
Date: 14 Dec 2007
I inherited stock from my father in 2001. I would like to sell them to pay some bills. How do I do this?
Date: 28 Dec 2007
Assuming the stock is publicly traded, take the certificates to a stock brokerage firm (like Morgan Stanley, Merrill Lynch, or Salomon Smith Barney) and ask a representative for help. If the stock isn’t publicly traded, you might not be able to currently sell it, but should register your ownership with the company in case they later make a public offering or are bought out.
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