Originally Posted by
;
Hi,
This is something that has been bugging me for the last few months. What happens to this fund in the trading account when something terrible happened and the account owner is emotionally and/or physically incapable of handling it? Worse, once the owner is dead (touch wood!) . From my experience with the internet brokers so far, correspondence is generally by email. All the info regarding the trading account is normally accessible when we log into. So as you can see, there is no hard copy mailing. How will your next-of-kin know about your account?
Obviously, most people (I presumed), will notify our next-of-kin accordingly. That is nice and fine. What about those who forgot or just didn't want to? If that's the case, what's going to happen to the fund?
I suppose this is something I need to ask the agent. It just that I'll would like to know the opinions from this forum.
Thank you.