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Fully understanding the reasons for holding Acc or Inc units generally?
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bobfredbob said:How would you determine the price on date of death to determine any post-death CGT?You get an official valuation from the investment provider, usually for a fee. This is needed for probate in any case.bobfredbob said:Say a share made 5k profit post-death and prior to final accounts, I assume CGT is due on the 5k profit (but not on the original profit since I originally bought it)? Or are the shares assumed to be instantly inherited so the post-death 5k profit is now only if the beneficiary sells it themselves? (Assume one beneficiary).bobfredbob said:Assuming the broker can't migrate shares between the deceased and the beneficiary, requiring a sale, how would you recommend re-purchasing? Would you really just put in a "market buy" order? Or drip-feed 5k/10k an hour or day to avoid getting a bad price?2
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