On Death

On Death

Shares On Death If you have not made a Will Your shares will pass into your estate and will be dealt with under Intestacy Law (visit WillsAdviser.com for more on this) - this varies depending on whether you live in England and Wales, Northern Ireland or Scotland.  

They may not necessarily pass to whom you would wish them to.  If you have made a Will Your shares will pass to whom you have designated in your Will - this can either be specific or indeed in general terms.  Taxation on Death Income Tax & Capital Gains Tax - Income tax may be due on any dividends paid to the estate, Capital Gains Tax may be due on the sale of shares.  

Inheritance Tax - if you have not placed your shares within a suitable trust or within a pension scheme (more information on Pension Fund Shares) then the value of your shares will form part of your estate and may be liable to Inheritance Tax of 40%.  For more information please visit our other sites: Inheritance Adviser.com Pensions Adviser.com Wills Adviser.com

Contact us for help with share on death.