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    • Woodlands27
    • By Woodlands27 20th Mar 17, 1:59 PM
    • 1 Posts
    • 0 Thanks
    Cost of selling shares
    My mother past away last year and I am settling her estate. she had a handful of shares in BT and BG which I am in the process of selling so the cash can be distributed across the family.
    Equinity are asking for £79.50 to process this; £34.50 countersignature fee, £45 administration!!
    this seems excessive, is there anyway to avoid these cost?
    • cloud_dog
    • By cloud_dog 20th Mar 17, 4:03 PM
    • 2,925 Posts
    • 1,524 Thanks
    A couple of things....

    1) You no longer own BG, you will have a holding in Royal Dutch Shell (RSDB shares)

    2) You don't have to sell the shares (as far as I am aware), you could transfer ownership free of charge.

    Would any of the family happily accept the shares in lieu of cash?
    Personal Responsibility - Sad but True

    Sometimes.... I am like a dog with a bone
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