When a person passes away their estate needs to be collected, administered and distributed to their beneficiaries. The executor of the estate is responsible for identifying all of the estates assets and their value. An estate will include a variety of different assets. Most commonly a person will hold property, bank accounts and shares. If an estate is subject to probate, the executor will need to obtain valuations for the assets. This is to give the correct information to HMRC. Establishing what shares the deceased had To start the executor should collect the share holding certificates. There are a few … Continue reading How do you value shares for probate?
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