What to do about a dividend check in a deceased person’s name?

Get Legal Help Today

 Secured with SHA-256 Encryption

What to do about a dividend check in a deceased person’s name?

My father owned stock in a public utility. The dividend checks have his name with the suffix owner and my son’s name on the front. My father passed away and my son is a minor. Can he cash the checks?

Asked on July 5, 2012 under Estate Planning, Alabama

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

I am so sorry for your loss. Are they joint owners of the stock and did your Father's half pass to your son at the time of his death?  If they are then you will have a better time of having the stock certificates changed and the dividends re-issued.  But if not then you will need to go through probate of your father's estate to deal with them.  But I would not cash the checks until things are clear here. Good luck.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

 Secured with SHA-256 Encryption