Think my mom is going to get ripped off

I need to find out what happens to stock if someone dies and does not have a beneficiary named. I have a laywer telling my mother that her father’s stock just stays where it is. I dont see how this is possible when its an asset. 

54 viewscompany law

Alasdair Taylor's Answer

Assuming you are referring to shares here, rather than physical stock, and assuming that English law applies, see:

https://www.companylawclub.co.uk/what-happens-if-a-shareholder-dies

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