Recent content by borkborkbork

Thanks for the info! Is this fee they talk about, the % fee, is that the cost to transfer the shares from the relative to my name or is it a supposed fee based on a trade I.e. If I sell to the market? I know that non chess shares all I need to do is perform a flat fee off market transfer via...

No problem, not rude at all. Thanks for your help so far. I actually have rung up the CHESS helpline, link, and 3 brokers regarding my questions. Haven't got that far with them really. I am wondering, do the transfer of shares into the beneficiary's name (mine), incur a % based fee like in...

I have a feeling that the broker of the relative is a broker with a higher % transfer fee regarding deceased estates. Is it possible to get set up with another broker, with a better % transfer rate, and have them administer/transfer the shares or am I stuck with the deceased's broker?

Thanks for the info. From reading it seems that it does not matter whether my eventual shares are CHESS or Issuer Sponsored. The only real benefit is that if the shares are CHESS sponsored then they are able to be traded faster, i.e. as soon as you inform your broker you want to sell...

Thanks for the info. "sometimes it's better to pay the higher cost and stay with the Chess sponsorship than watch values fall while stuck in paperwork land. " Why do you say that? - is it only in the instance that I wish to sell the shares before they supposedly drop in value? I...

Hi, Have been googling my way through but have stopped to ask help as I have found forums very helpful regarding other topics. So just want to confirm some things. Relative who is deceased, I am the sole beneficiary and executor. Found out most shares are with Link MS, which I learnt...