I was guardian of my aunt who passed away July 5, 2014. The lawyer involved was also involved in the estates
of my uncle and another aunt. However, at that time my father was alive and the lawyer was dealing with him, and........their estates were simple estates. This particular aunt whom I am speaking of has all of her assets in stock--$800,000 worth, without stock certificates (she and her husband were very eccentric, hid important things, hoarded unimportant things, etc. There are five heirs
including myself. We are all thinking that this estate should have already been resolved. The lawyer always says he is working on it. However, in the last year I have deposited dividend checks,
reconciled her bank statement every month. And the only thing significant that he has done is have me appointed executrix of the estate. All the heirs are tired of waiting. I called COMPUTERSERVE, the transfer agency for most of my aunt's stock, talked with them and they told me that they would send me the paperwork for every stock they served and I could fill it out, pay a large bond to reissue lost stock certificates, send the paperwork in, bypass the lawyer and then simply call them when I'm ready to sell any stock. I have already been bonded locally in order to be appointed executrix. Safeco is the insurance company providing the bonding.
My questions are: 1) is my understanding of what Computerserve t told me correct? 2) should this bonding fee (a percentage of the value of stock) required for each and every company and stock certificate reissued; 3) can I really bypass the lawyer? and should a $800,000 estate take this l long to finalize? Any information you can provide would be immensely ap appreciated.