Associate
- Joined
- 2 Sep 2007
- Posts
- 2,000
Sorry to hear about your dad. Condolences.
Normally the Executor simply has to write to the companies' registrars with copies of the probate documents and get them transferred In accordance with the will.
It depends on who are the beneficiaries of the will and whether they need to be sold to realise assets for either beneficiaries or estate duty. They should be valued as at date of death and added to any other assets (including property) of the deceased in order to ascertain probate value. Then divided up depending on his will
Thanks. Last email I had from the investment company “We have arranged for a probate valuation at the date of death and will forward this to you upon receipt.”. No IHT to pay. Only myself and my sister are beneficiaries. I want to keep my half of the shares, not sell them. I will speak to the investment company to seek advice on transferring to a stock and shares ISA.