Shares Left To Me

tom188

Who is dealing with your aunts affairs? These will most probably be her executors (unless she died intestate in which case they are the administrators.) If she had any assets there should be someone doing this, and you should speak to them.

jonesMUFCforever

Agree with tom188.
Don't spend any money yet as if there is more than one beneficiary (ie you) and she died intestate or the will does not specifically mention the shares they belong to the estate - which will be shared out proportinally between all the next of kin.

Fishnet_Filly

tom188 wrote:

Who is dealing with your aunts affairs? These will most probably be her executors (unless she died intestate in which case they are the administrators.) If she had any assets there should be someone doing this, and you should speak to them.

I honestly don't know. She gave me the share certificates some time before she died, I have left them in a draw and had forgotten about them until her death, and now I am totally unsure what to do or even if it's worth persuing!

Fishnet_Filly

ejones999 wrote:

Agree with tom188.
Don't spend any money yet as if there is more than one beneficiary (ie you) and she died intestate or the will does not specifically mention the shares they belong to the estate - which will be shared out proportinally between all the next of kin.

There is no next of kin, certainly none that I know of. You have to understand I wasn't close to this auntie, or my uncle either, but I do know they had no other surviving relatives within the immediate family.

chesky369

Did she have a house or bank account? If she had shares she must have had other things and if there are no other relatives, you might find you've inherited all her possessions.

jonesMUFCforever

So you are the next of kin. You can apply for a Grant of Representation of her estate.
If you are not happy to do it yourself then contact a solicitor but be aware that their charges can easily run into hundreds of pounds in a very little time.

Fishnet_Filly

ejones999 wrote:

So you are the next of kin. You can apply for a Grant of Representation of her estate.
If you are not happy to do it yourself then contact a solicitor but be aware that their charges can easily run into hundreds of pounds in a very little time.

What do I need to get this Grant Of Representation? Where do I apply? Is it worth the hassle? There's only 100 Rolls Royce shares, 82 for ICI, only 15 for BICC, and over 1000 for this Whatlings Limited company that I can find nothing out!

DocProc

I found the following:-

John Lisman was a civil engineering student at Strathclyde University when, in 1954, he was offered a one year practical experience job with Glasgow firm, Whatlings Ltd. Within a few months, the Inverness born student was despatched to Dounreay where the firm was awarded the main building and civil engineering contract.

Dounreay was a nuclear power station.

I would think Whatlings Limited might have been taken over. If so, whoever did take the firm over would have paid cash for the Whatlings shares. Alternatively they may have paid for Whatlings Limited with shares in their own company.

I think we now need to find out who bought Whatlings Limited, when they did so and what the purchase criteria were.

I do think this whole exercise is worth doing.

The ICI shares: Currently, 82 shares are worth at least(*) 82 x £4.15 = £340.30

The Rolls Royce shares: Currently 100 shares are worth at least(*) 100 x £4.32 = £432.00

(*) and these shares may have been further split into larger numbers over the years.
eg, This is just to give you an idea as an example....

Shares in NEXT plc, where the share price ascended to about £28 each back in the 1980s, have been split into two several times. So 100 NEXT plc shares back in the 1980's might now have become 100 x 2 x 2 x 2 = 800 shares at present here in the year 2006. Thus 100 NEXT plc shares from back then might now be worth 800 x £17.84 = £14,782.00

Fishnet_Filly

:money: I just wanted to say "thank you" for your help and advice with regards to these share certificates that I now hold, but to be honest with you, I don't think they are worth chasing up, let's face it they aren't worth a fortune!
I like this site very much, sensible chat, sensible questions, and sensible people - kepp it up.
Best wishes to you all and a Merry Christmas and a very HAppy New Year:T