Legal Challenges Arise When Unlocking Assets for Dementia Patients Without Beneficiaries

Financial institutions are requiring signatures from elderly clients with dementia to access stock certificates, prompting calls for clearer legal pathways to manage estates lacking designated beneficiaries.

27 Aug, 09:15 — 27 Aug, 09:15

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marketwatchMostly Factual1d ago

My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do?

“These shares are the only assets in her estate without designated beneficiaries.”

By Quentin Fottrell

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Legal Challenges Arise When Unlocking Assets for Dementia Patients Without Beneficiaries

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My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do?

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