Share Data > Sale & Transfer of Investment Securities > What do you do with offshore assets?
What do you do with offshore assets?

Should you have faced the scenario of finding evidence of an asset which is not located in your legal jurisdiction in the administration of an estate, you will know that there can often be complications involved in dealing with that asset.

Even those who have met this before are often tempted to ‘park’ the offshore asset whilst dealing with more familiar territory.  Yes, the valuation stage might be straightforward, but how do you actually deal with that asset; what do you do and where do you turn?

Offshore AssetsThe permutations are endless; USA and Canadian shares; are these certified or held on a DRS system and upon transfer, will they require a medallion guarantee: land held in an offshore location; is the law applicable to that land, that where the land is situated, or elsewhere and what are the local procedures for dealing with it; is the local system a common law system or based on a codified system which probably requires the transfer of title to be dealt with by local notaries: Non USA and Canadian shares and bank accounts; again common law system or codified system; is a reseal required in the local court or is a local notarial declaration required; can the asset be collected against the domiciliary probate?

It is not surprising that so often offshore assets are dealt with an afterthought.  The important point is that these assets should be placed on an equal footing to those one would be used to dealing with.  This will often mean that help is required outside your own office and that help, if required, should be sought at the earliest opportunity for dealing with those offshore assets can often take time.  To ask for help early can avoid frustration on the part of beneficiaries if that offshore asset remains ‘parked’ until the administration of the ‘home’ estate was virtually or actually complete.

At Share Data we have the expertise to assist with offshore assets in the majority of major jurisdictions in the world, whether that be afar or closer to home such as the Isle of Man, Jersey or Guernsey. 

A simple email at the earliest possible opportunity will bring you not only a quote for the service required but the peace of mind that you have taken the best possible action to complete the administration of the offshore asset in good time.

We are here to help. Simply contact our team of experts who will provide you with professional advice and assist you with the whole procedure.



Slide I have been extremely impressed with the service received and won't hesitate to both use and recommend share data's services in the future. Jennifer B, David Auld & Co Solicitors

16th August 2019

Slide My firm have used share data for their medallion guarantee services for foreign shareholders since the beginning of 2018 – each occasion has been efficient and successful which leads to happy clients. I would strongly recommend their services, with a special mention for teresa – who is friendly, helpful and gets the job done. Asset Manager

23rd August 2018

Slide Share Data's service is brilliant. Currently, sorting another one for you! Deanne Taylor, Smalleys Solicitors Ltd

8th November 2019

Slide Thank you for processing our Medallion Guarantee and for all of your assistance leading up to it. Share Data have a great service. Walker Crips Investment Management

6th August 2020

Slide I wish everyone was as quick and easy to deal with as you have been. It is truly a pleasure and a great contrast to most other financial service companies in Canada and New Zealand that I have dealt with in the past. Private Individual

26th November 2019