My husband's lifeless father bought stocks surrounded by our describe & SS no certifs or info how to find what we own?
We have gotten a merger reminder where one of the stocks Tommy Hilfiger be sold to Apax Partners is the only channel we even know that he did this. We know there are other stocks bought contained by our name but do not know which ones. He vanished no info in his will. We would approaching to know if there is a middle registry that would have the stocks planned as purchased under our SS#.Answers: If he didn't disappear any papers, the only other opening of checking is the stockbroker. There is no central register, respectively company handles its own shareholder account. They are required to pass the term of new shareholder to the IRS, but I devise it's unlikely the IRS will be any help.
Suggest you have a word to your husband first and be very discrete next to your enquiries. In theory what you are describing (buying stock contained by the name of someone else short their knowledge) is illegal below money laundering legislation. No smart stockbroker would enjoy co-operated with your father contained by law. It seem likely at hand is more to the story.
Find out from the executor of your father-in-law's will who his stock broker was. The stock broker will enjoy the information you need.
Compounding stopped?
Ok so the compounding formula is(1+ R1,N) = (1+R1,2)(1+R2,3)(1+R3,4)...(1+RN-1,N)
but when ever i plug in values here they don't give the impression of being to come out right. However, when i simply add the percentage together, i get the correct answer. What am I doing wrong?
Answers: Your formula is wrong, the first permanent status (1+R1,N) must be taken to the Nth power.
My husband's lifeless father bought stocks surrounded by our pet name & SS no certifs or info how to find what we own?
We have gotten a merger reminder where one of the stocks be sold to another company that is the merely way we even know that he did this. We know near are other stocks bought in our pet name but do not know which ones. He left no info surrounded by his will. We would like to know if nearby is a central registry that would enjoy the stocks listed as purchased underneath our SS#.Answers: There is no central registry as in attendance are many exchanges (NYSE, Nasdaq, Amex, etc)
Contact his broker or attorney or insurance agent.
Look at out-of-date bank statements and checks.
Just acceptance a letter does not anticipate you own stock,
it may have be sold in olden times
Check with the state Unclaimed Property. After so long adjectives unclaimed property must be turned over to the state. Many states have online databases for unclaimed property.