Do you have holdings that you would like to sell or transfer but the share certificate is missing? If you have lost one or several share certificates, don’t panic. You can still sell or transfer your shares providing you obtain a letter of indemnity. Letters of indemnity are issued to minimize potential financial loss caused by misuse of the original certificate. …
Did You Know You Could Donate Shares to Charity?
Sometimes the cost of selling shares may outweigh their value. If this applies to shares held either in your name or in a deceased’s estate and you are the executor, you may prefer to gift these shares to charity. Even if you have just one share, we can help you with the process. How it works? Any donated shares are collected, …
Recovering Dividends in Australia
Recovering Dividends in Australia When an estate has been inactive for some time, uncollected dividends must be paid to the Australian Securities & Investment Commission. Prior to 1991, uncollected monies were dealt with at the State Level instead of the central Commission. So if you have to claim back dividends due before 1991, you have to trace the uncollected funds …
Do I Need a Grant of Probate?
Wondering if you need a Grant of Probate? If you are the executor or administrator to a deceased’s estate, you have the legal responsibility to ensure that the assets are dealt with promptly and accurately before they are distributed between the beneficiaries. Your duties include: Checking if there is a Will Filing Inland Revenue forms Paying Inheritance and other relevant …
Selling Shares in Hong Kong
Looking to selling shares in Hong Kong? Because of anti-money laundering regulations, it is becoming more difficult once the shares have been transferred into the name of the Executors, to sell them in Hong Kong. We have therefore arranged for our regular UK stockbrokers to sell any Hong Kong shares on behalf of clients, and hope this new arrangement will …
Power of Attorney
Power of Attorney Case in Hong Kong Recently, we had a case where an Executor was acting under a standard general UK Power of Attorney and the Hong Kong Probate Registry took the view that it was ineffective to cover the reseal and transfer of the shares in Hong Kong. A new Power of Attorney had to be executed. In …
Share Data is 20. Thank You for Your Continued Support!
This month my team is delighted to be celebrating Share Data’s 20th year in business. Since our launch in 1995, Share Data has worked hard to cement our reputation as a valued resource for the detailed valuation of stocks, shares and funds and other related services. Today our services cover both UK and foreign holdings. They are mainly used for probate, inheritance tax …
How to Easily Replace a Lost Share Certificate (with a Value in Excess of £50k)
Do you need to replace a lost share certificate with a value in excess of £50,000? Have the registrars told you they are unable to provide you with a letter of indemnity for replacing it? Fortunately, there is an easy way for you to obtain a replacement. A probate specialist, such as Share Data can assist you with the whole …
How to Clear your Desk of Bundles of Share Certificates
Do you have bundles of share certificates sitting on your desk? If you are: An executor. A solicitor. A broker/accountant. A financial intermediary. And have been given a bundle of share certificates to sort and value but lack the time and resource to make this a reality, then don’t struggle on your own. Know that you can ask for help: Ask …
Selling/transferring US or Canadian shares or funds?
Now this is a problem for which we are increasingly being asked for help: How to overcome problems with selling/transferring US or Canadian stocks and shares. Are you aware that if you: Hold shares in either a US or Canadian company. Have purchased shares from a UK company that has either: De-merged (i.e. Cadbury Schweppes, where holders received Cadbury and …
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