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  Home >> Special Situations >> Deceased Individuals  
Medallion Signature Guarantee Needed for Estate

I need a medallion signature guarantee for over 220K. The bank where the estate account is, cannot guarantee over 100K. I cannot settle the estate without this signature guarantee. Can you help?

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Ask your bank to refer you to a local stock brokerage office, where, in most cases, signatures can be guaranteed with higher transaction dollar limits. The bank's referral may help make things move smoothly. If the bank does not call ahead, be sure to call before you make the trip to the broker's office, just to save time and avoid delays.

Published on BankingQuestions.com 9/16/08