Crosswords1 min ago
Tracing Shares
5 Answers
A relative of mine dies recently and I've been told he had a number of shares in a number of companies. Is there a way to verify this? I should add I don't know the names of any of the companies.
Many thanks,
Carl
Many thanks,
Carl
Answers
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This any use : http:// www.thi sismone y.co.uk /money/ investi ng/arti cle-160 9147/Tr acking- down-lo st-shar es.html
This any use : http://
erm Eddie - the executor usually doesnt sell/ trade in shares but often is given the power to....but would have to know what is what for probate purposes. The value for probate by the way is the share price on the day of death so buy a Times or FT soonest...
and the issue then lies with the beneficiaries
who can fill out a form costing a few quid - once they know what shares they are
and the issue then lies with the beneficiaries
who can fill out a form costing a few quid - once they know what shares they are
If the Company pays out a dividend then I understand that at the payout date a tax certificate should be sent to all shareholders (and a cheque unless shareholder has elected to have it paid straight into a bank account) so at least some of the Companies should emerge over the next year, provided the Companies have the right address. This is for paper certificated shares, I'm not sure whether it works under the CREST system.
If there is automatic pay in to his account
which of course should be frozen
( unlikely if he is old )
then it will be bounced -and the company may just er keep it
My mothers treasury consols 3 1/2% which matured around her death
I found the certificate in her erm personal telephone directory (!!) five years later and the BoE took the view that failure to cash in bonds was nothing to do with them and certainly not worth a first reminder !
which of course should be frozen
( unlikely if he is old )
then it will be bounced -and the company may just er keep it
My mothers treasury consols 3 1/2% which matured around her death
I found the certificate in her erm personal telephone directory (!!) five years later and the BoE took the view that failure to cash in bonds was nothing to do with them and certainly not worth a first reminder !
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