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I. How We Work in Washington. Based on your preferences, we provide you with information about one or more of our contracted senior living providers ("Participating Communities") and provide your Senior Living Care Information to Participating Communities. The Participating Communities may contact you directly regarding their services. APFM does not endorse or recommend any provider. It is your sole responsibility to select the appropriate care for yourself or your loved one. We work with both you and the Participating Communities in your search. We do not permit our Advisors to have an ownership interest in Participating Communities.
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V. Complaints. Please contact our Family Feedback Line at (866) 584-7340 or ConsumerFeedback@aplaceformom.com to report any complaint. Consumers have many avenues to address a dispute with any referral service company, including the right to file a complaint with the Attorney General's office at: Consumer Protection Division, 800 5th Avenue, Ste. 2000, Seattle, 98104 or 800-551-4636.
VI. No Waiver of Your Rights. APFM does not (and may not) require or even ask consumers seeking senior housing or care services in Washington State to sign waivers of liability for losses of personal property or injury or to sign waivers of any rights established under law.I agree that: A.I authorize A Place For Mom ("APFM") to collect certain personal and contact detail information, as well as relevant health care information about me or from me about the senior family member or relative I am assisting ("Senior Living Care Information"). B.APFM may provide information to me electronically. My electronic signature on agreements and documents has the same effect as if I signed them in ink. C.APFM may send all communications to me electronically via e-mail or by access to an APFM web site. D.If I want a paper copy, I can print a copy of the Disclosures or download the Disclosures for my records. E.This E-Sign Acknowledgement and Authorization applies to these Disclosures and all future Disclosures related to APFM's services, unless I revoke my authorization. You may revoke this authorization in writing at any time (except where we have already disclosed information before receiving your revocation.) This authorization will expire after one year. F.You consent to APFM's reaching out to you using a phone system than can auto-dial numbers (we miss rotary phones, too!), but this consent is not required to use our service.
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I do have POA. I'm getting help right now with a financial advisor to help me do this. I could probably figure it all out myself, but time is kind of short. Thanks for your help.
Thanks everybody. It's MIL's stock she got as part of husband's estate when he died. I'll call lady who does her taxes. Maybe she can help. I live far from MIL or else I'd search in her house. I was hoping I could do it from here without making a trip there. According to DPOA, I can do anything financially that she could do when she was able to. I'll keep you updated. Thanks again.
If all you have is the name of the stock, you can call that company, ask for its investor services department, explain the issue, and ask what they need to work with you to sell shares. If a broker's involved, they'll let you know and you can contact the broker.
I assume you're proxy under a DPOA and have authority to make financial transactions? If so, any company issuing stock as well as a broker or mutual fund holder will likely require that, unless there's already one on file, completed by your MIL.
If the stocks are held as mutual funds, it's a lot easier. As FF advises, you'll need to find the statements, generally issued quarterly. You can also review the federal 1040s for whichever person this is - your MIL, I assume from FF's post? Look for a Schedule B for a list of stocks paying dividends and capital gains.
If MIL hasn't signed up for dividend reinvestment, there may very well be a dividend check issued in June. Some stocks and funds pay dividends quarterly, some semi-annual, and others only annually. We have all three.
Selling stocks has also changed with the advent of technology. Some are held only in electronic form; paper stock certificates are no longer issued. If the stocks in question are held electronically, you don't have to locate the paper shares to submit in order to sell.
And some mutual fund holders are very easy to work with; Vanguard is one. Nor does Vanguard charge a fee for sale of stock - that's a broker's game. Never once has Dad paid a fee to sell mutuals.
Newwidow, just last month I found all the stock that my parents had... I was glad none of it was buried in the backyard, none a safe deposit box, or hidden under the floorboards of the house.
All the shares were held by several stock brokerage houses.... I got all the stocks under one broker roof now. The stock broker made it easy, but there was a lot of paperwork flying back and forth that needed to be signed and notarized.
Pam is right. When my father died I had to file to change ownership of his stock from her to him. Some companies are easier than others. You have to follow their rules exactly. The good thing is that they are very easy to work with and will help you through it. The main thing to learn is the name of the company handling the stocks. They will guide you through the rest.
if you don't have a telephone number, Google the Stock..sometimes the stock is handled by banks..the stock will take money from the sale. Do you have the stock certificates? If you don't they will most likely charge you for replacing them, which you need to sell.
newwidow, I checked back on your previous post and see that your husband had passed away a couple of years ago. Are you still caring for mother-in-law?
As for the stocks, are the stock sitting with a stock broker? If yes, you would be getting monthly statements from the broker... look for a name on the Statement, then call the broker to find out what do you need to do to sell that stock. If the stocks were in your name and in your late husband's name, the account would need to be transferred to a new account that only has your name. The broker can help you with that.
By proceeding, I agree that I understand the following disclosures:
I. How We Work in Washington.
Based on your preferences, we provide you with information about one or more of our contracted senior living providers ("Participating Communities") and provide your Senior Living Care Information to Participating Communities. The Participating Communities may contact you directly regarding their services.
APFM does not endorse or recommend any provider. It is your sole responsibility to select the appropriate care for yourself or your loved one. We work with both you and the Participating Communities in your search. We do not permit our Advisors to have an ownership interest in Participating Communities.
II. How We Are Paid.
We do not charge you any fee – we are paid by the Participating Communities. Some Participating Communities pay us a percentage of the first month's standard rate for the rent and care services you select. We invoice these fees after the senior moves in.
III. When We Tour.
APFM tours certain Participating Communities in Washington (typically more in metropolitan areas than in rural areas.) During the 12 month period prior to December 31, 2017, we toured 86.2% of Participating Communities with capacity for 20 or more residents.
IV. No Obligation or Commitment.
You have no obligation to use or to continue to use our services. Because you pay no fee to us, you will never need to ask for a refund.
V. Complaints.
Please contact our Family Feedback Line at (866) 584-7340 or ConsumerFeedback@aplaceformom.com to report any complaint. Consumers have many avenues to address a dispute with any referral service company, including the right to file a complaint with the Attorney General's office at: Consumer Protection Division, 800 5th Avenue, Ste. 2000, Seattle, 98104 or 800-551-4636.
VI. No Waiver of Your Rights.
APFM does not (and may not) require or even ask consumers seeking senior housing or care services in Washington State to sign waivers of liability for losses of personal property or injury or to sign waivers of any rights established under law.
I agree that:
A.
I authorize A Place For Mom ("APFM") to collect certain personal and contact detail information, as well as relevant health care information about me or from me about the senior family member or relative I am assisting ("Senior Living Care Information").
B.
APFM may provide information to me electronically. My electronic signature on agreements and documents has the same effect as if I signed them in ink.
C.
APFM may send all communications to me electronically via e-mail or by access to an APFM web site.
D.
If I want a paper copy, I can print a copy of the Disclosures or download the Disclosures for my records.
E.
This E-Sign Acknowledgement and Authorization applies to these Disclosures and all future Disclosures related to APFM's services, unless I revoke my authorization. You may revoke this authorization in writing at any time (except where we have already disclosed information before receiving your revocation.) This authorization will expire after one year.
F.
You consent to APFM's reaching out to you using a phone system than can auto-dial numbers (we miss rotary phones, too!), but this consent is not required to use our service.
fFreqflyer is spot on about getting all investments under 1 brokerage account.
If all you have is the name of the stock, you can call that company, ask for its investor services department, explain the issue, and ask what they need to work with you to sell shares. If a broker's involved, they'll let you know and you can contact the broker.
I assume you're proxy under a DPOA and have authority to make financial transactions? If so, any company issuing stock as well as a broker or mutual fund holder will likely require that, unless there's already one on file, completed by your MIL.
If the stocks are held as mutual funds, it's a lot easier. As FF advises, you'll need to find the statements, generally issued quarterly. You can also review the federal 1040s for whichever person this is - your MIL, I assume from FF's post? Look for a Schedule B for a list of stocks paying dividends and capital gains.
If MIL hasn't signed up for dividend reinvestment, there may very well be a dividend check issued in June. Some stocks and funds pay dividends quarterly, some semi-annual, and others only annually. We have all three.
Selling stocks has also changed with the advent of technology. Some are held only in electronic form; paper stock certificates are no longer issued. If the stocks in question are held electronically, you don't have to locate the paper shares to submit in order to sell.
And some mutual fund holders are very easy to work with; Vanguard is one. Nor does Vanguard charge a fee for sale of stock - that's a broker's game. Never once has Dad paid a fee to sell mutuals.
All the shares were held by several stock brokerage houses.... I got all the stocks under one broker roof now. The stock broker made it easy, but there was a lot of paperwork flying back and forth that needed to be signed and notarized.
As for the stocks, are the stock sitting with a stock broker? If yes, you would be getting monthly statements from the broker... look for a name on the Statement, then call the broker to find out what do you need to do to sell that stock. If the stocks were in your name and in your late husband's name, the account would need to be transferred to a new account that only has your name. The broker can help you with that.