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Short sales prior to death Expand / Collapse
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Anonymous
Posted 2/1/2006 2:12:20 PM




I have a decedent who died in 2005 and sold several securities short in 2004 and prior years. Those short sales were closed after death. I'm thinking the sales price remains the original amount (rather than the value of the obligation at the date of death to replace the shorted shares), but I'd like to hear from someone who has already been in this situation. Thanks in advance
Post #67
Posted 3/3/2006 5:25:03 PM
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Last Login: 3/12/2011 12:58:57 PM
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I agree with you. The sales price was determined before death and shouldn't change.

Mary Kay Foss
Post #102
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