• http://twitter.com/CMTinPHX CMTinPHX

    “Determine who the inheritors are and get on the phone to them.”

    Or, if you prefer not to engage in criminal conduct, you can keep your mouth and your files shut until a legally appointed executor, administrator or personal representative gives you instructions.

    Stock brokers have no legal authority to play lawyer with a dead client’s assets. Zero.

  • https://www.EagleHillAdvisor.com Peter Cacioppo

    Very well written article. As long as the advisor communicates with the interested parties things usually are handled well. I would add that the advisor should follow up with a USPS letter or email after most in person meetings or telephone calls, thus giving the parties something tangible for their review.

  • http://twitter.com/ByrnesConsultin Byrnes Consulting

    Advisors should have a well thought out plan on how to work with the next generation and some of it should be preparing for these moments in advance, so all family members know what will take place.
    — Mike Byrnes, President of Byrnes Consulting, LLC