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Valuation of the Estate:

Collection of Certificates
Listing the Assets
Valuation of the Shareholdings

Sale/Transfer of the investment securities:

Validation of the Certificates
Sale & Transfer Service

Probate Additional Services:

Tracing Beneficiaries
Resealing Grant of Probate

FAQs

Probate Service Private Individuals Probate Additional Services: Resealing Grant of Probate

Share Data advises on the requirements for Resealing Grants of Probate or the equivalent process in most jurisdictions around the World. We have dealt with estates in many different countries including:

  • Australia
  • Canada
  • Hong Kong
  • Malaysia
  • South Africa
  • USA

This service includes the supervision of the resealing, and also the subsequent transfer of assets into the name of the Beneficiaries or the sale of the shares and the distribution of the sale proceeds.

The Resealing Grants of Probate usually involves instructing a local lawyer in the foreign jurisdiction to apply to the local court to reseal the English Grant of Probate. Once the Resealing has been completed, Share Data will then organise the transfer or sale of the deceased's assets.

We can also arrange for the Resealing in the UK of foreign Grants of Probate, which are usually from Commonwealth Countries or the EU. In respect of a Grant of Probate issued in other countries, we usually have to apply for an English Grant of Probate. In both cases Share Data works with a local firm of Solicitors to achieve either the resealing of the Commonwealth Grant or the issue of an English Grant of Probate.

You should note that even within the UK problems can arise for example if a Company is incorporated in the Channel Islands, Scotland or the Isle of Man when the English Grant will have to be resealed in those Islands or in Scotland. Registrars frequently ask for English Grants to be resealed in the Isle of Man or the Channel Islands of a company incorporated therein even if the shares of that company are quoted on the London Stock Exchange or on AIM.

In the case of shares of a company incorporated in the USA, a Medallion Guarantee is usually required, and we can arrange for this to be affixed to the appropriate documentation.

In addition, Share Data is able to assist in the Small Estate Indemnity procedure which may be used by some registrars if the value of the assets in England is small, usually less than £10,000. This can make registration of the death and the issue of a new share certificate much easier.

If you would like to receive more information, please contact us