account
get our app
account sign up sign in

make your free stock power

make document
stock power document preview

what is a stock power?

a stock power document allows you to sell or transfer stocks and bonds on behalf of the deceased's estate provided you're a personal representative, beneficiary, or executor. when someone passes away they often leave stocks and bonds as part of their assets. if those assets are still in the market you may need a grant of authority to get them out. a stock power document helps you get started. 
 
there's a lot to take care of when someone passes away and getting a stock power document may be part of it. if someone has passed away and they had stocks or bonds, which is fairly common, you're going to need to transfer them or sell them. before you can do that, however, you first have to prove that you have the right to do so. this takes paperwork, but it doesn't need to be a big hassle. usually, it just takes a formal statement and proof that the person has passed and that you're authorized to make decisions. a stock power document can make the process simple so you can get to work.

when to use a stock power:

  • someone with stocks has passed, and you're the executor of the will, beneficiary, or personal representative.
  • you want to let a corporation or transferring agent know about someone's passing - and that stocks are involved.

sample stock power

the terms in your document will update based on the information you provide

this document has been customized over 12.5k times
legally binding and enforceable
ask a lawyer questions about your document
sign this document online for free with rocketsign®

 

irrevocable stock or bond power

 

 

for value received, the undersigned do(es) hereby sell, assign and transfer to .

 

common stock preferred stock

the undersigned, do(es) hereby irrevocably constitute and appoint as attorney to transfer the above stocks and/or bonds, on the books of the above company(ies), with full power of substitution to the following beneficiary(ies),

 

,

 

 

 

(affix medallion signature guarantee imprint)

stock power document preview

create your document in just 3 easy steps:

build your document

build your document

answer a few simple questions to make your document in minutes

right-facing arrow
save, print & share

save, print & share

save progress and finish on any device, download & print anytime

right-facing arrow
sign & make it legal

sign & make it legal

securely sign online and invite others to sign

right-facing arrow

start your stock power now and get rocket lawyer free for 7 days

get legal services you can trust at prices you can afford. you'll get:

all the legal documents you need—customize, share, print & more

unlimited electronic signatures with rocketsign®

ask a lawyer questions or have them review your document

dispute protection on all your contracts with document defense®

30-minute phone call with a lawyer about any new issue

discounts on business and attorney services