February 14, 2015 Alok Gupta Sale & Transfer of Investment Securities, Sale of Investment Securities, Transfer of Investment Securities

Are you trying to reseal a Grant of Probate in the Philippines?

The procedures to get a grant of probate resealed in the Philippines are time consuming requiring at least three Court appearances and the legal costs are enormous. We have been quoted a fee of US$23,000 on a US$92,000 valuation; a quarter of the value.

We therefore advise that without exception, you should have all Philippine shares owned through a corporation or other similar entity to avoid the excessive costs and legal tangles created by the Philippine Probate Court System.