Advice on shares

moobaleemoo

My father in law passed away on 30th March without leaving a will.
His paperwork has been a mine field of confusion. He has ISAs, PEPS etc but we
have now found share certificates for TSB, BT, International Power and Rolls Royce.
It looks like that the combined share value is approx £6k less than Oct 2007.
His widow would like to sell them and have a single pot of money-do we hold
onto them to see if the price incresses again or sell them now and cut our
losses. If we sell them, how do we do it? Any help will be appreciated.

debbie42

If he hasn't left a will, then won't the estate be subject to probate? My uncle did a similar thing, but it was several years ago, so things may have changed since then. I'm not familiar with the legalities.

At the time, we were advised that his shares couldn't be traded until probate was obtained.