How To Sell Deceased Parents Stock. (2) certified copy of the death certificate; It will be valued as of their date of death (at $100), so there is no gain from a tax standpoint.
Typically the documents required by the transfer agent will include a (1) letters testamentary or if the deceased did not have a will, but had a trust, they would need the trust instrument portion that appoints the administrator/trustee to the decedent’s property; In order to sell stocks in certificate form, you must take them to a licensed broker/dealer to sell for you. Then the siblings can go and select the things they want to keep before the scheduled sale to the public.