Frequently Asked Questions
Estates
Q. Do Speirs & Jeffrey provide Probate / Inheritance Tax Valuations of Estates?
A. Yes. We make the following charges on a sliding scale based on the value of the investments:
Value
Charge
up to £40k
£40
£40k - £350k
0.1%
£350k +
0.05%
We may rebate all or part of these fees if sales of the investments are subsequently carried out through Speirs & Jeffrey.
Q. Can Speirs & Jeffrey deal for the Executors of an Estate?
A. Yes, we regularly act for executors of estates. In the main we are engaged and instructed by an intermediary (e.g. a solicitor administering an estate). We can act on the estate's behalf whether the shares are held in paper certificates or in an electronic nominee. Certificate of Confirmation of the appointment of the executors to act (or Grant of Probate in England) must be exhibited before transactions can be undertaken.
Q. What other services do Speirs & Jeffrey offer relating to the investments within Estates?
A. We can also help administer the process of having the death noted with the registrar. Please contact us for further details.
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