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Personal Finance and Investing

moniss

(6,112 posts)

4. Many years ago I knew a woman who passed away and left her

Reply to Sewa (Original post)

Sat Apr 22, 2023, 02:03 AM

Apr 2023

account to an heir. Despite there being a will etc. the investment firm dragged on and on way past everything settling. After threat of suit they finally put through the paperwork to close the account. Almost half the value of the stocks had evaporated. The heir had been trying from the very beginning to get them to liquidate the stocks and just hold the account in cash. Florida brokerage. The same office had the nerve to call him up after some time passed and they asked him if he would like to invest some of the proceeds with them.

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TD Ameritrade wouldn't close my account [View all] Sewa Apr 2023 OP

I've had the same deRien Apr 2023 #1

One wrong answer and it's takes an act of God to get Docu Sign to do anything. Lochloosa Apr 2023 #6

Same here Rebl2 May 2023 #11

The test was to verify your identity so that they don't send your check to a scammer. LonePirate Apr 2023 #2

What happened to asking what your mothers Sewa Apr 2023 #3

Many years ago I knew a woman who passed away and left her moniss Apr 2023 #4

The alternative to closing... mwooldri Apr 2023 #5

That's a great idea. jimfields33 Apr 2023 #7

You might have been able to go to a different brokerage and have them conduct the transfer. 3Hotdogs Apr 2023 #8

The risk of scammers is high. Tetrachloride Apr 2023 #9

Situation was resolved Sewa Apr 2023 #10

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