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Help! Share transfer from Sweden
HVS4
Posts: 4 Newbie
My Swedish mother passed away and has bequeathed shares in four companies three of which are traded on the Nordic and Stockholm Stock Exchange, One is on the NYSE.
I need to transfer the shares in my mother’s name into an ‘Estate Of’ Account that I will hold with a UK broker and then change the name on the shares. If I change the name on the shares prior to transfer I will be liable to pay 28% CGT in Sweden.
Hargreaves Lansdown normally provide this service and they trade on the SSE..However, they have suspended this service during Covid and are unlikely to reintroduce it before the end of the year.
Does anyone know of another broker who trades on the SSE and provides Estate Of accounts?
I need to transfer the shares in my mother’s name into an ‘Estate Of’ Account that I will hold with a UK broker and then change the name on the shares. If I change the name on the shares prior to transfer I will be liable to pay 28% CGT in Sweden.
Hargreaves Lansdown normally provide this service and they trade on the SSE..However, they have suspended this service during Covid and are unlikely to reintroduce it before the end of the year.
Does anyone know of another broker who trades on the SSE and provides Estate Of accounts?
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Comments
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It is. I was hoping for some advice and didn’t know how to edit the question so thought I’d repost with a new headline.0
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Would it not be easier to sell them and add the cash to the estate?0
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If I sell them or do the name change in Sweden I will be liable for 28% CGT. The only way to avoid the Cgt is to transfer them in my mothers name into an ‘estate of’ account in the uk and then do the name change.0
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