You never know what you'll find in the probate process, or in this case, the trust administration process. After much searching for a client, today I found the contact information for a corporation that the client's father had shares in--shares they'd written off as worthless decades ago. Part of the problem was that letters and phone calls to the company's last known address and phone numbers went unanswered for years. Web sleuthing uncovered better information, and now they'll get $30,000 for their "worthless" stock! That's better than laminating the shares for use as place mats.I always include searches in unclaimed property databases as part of a probate or trust administration, but sometimes I have to dig deeper, as in this case. If you're in the middle of the administration process, it also means hang on to whatever worthless stuff you find until you verify it's worthless.
For probate or trust administration questions, please contact me at (888) 503-7615 or cjohnson@christopherbjohnson.com.
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