ChatterBank6 mins ago
Shares
Should I take what is being offered of my deceased fathers shares or should I pay a solicitor to try to get the right amount knowing that there is no guarantee they will be successful in obtaining the right amount for the shares
Answers
No best answer has yet been selected by kan3017. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Initially, I would transfer the shares into a brokage account in your own name and make a decision from there. Any selling of the shares will be at the correct market prices with average cost only around £12 per transaction. (plus the standard difference between market buy and sell price, known as the spread).
It is obviously difficult to predict future values but some of them maybe 'income' shares which pay regular dividends.
I think you might find a Financial Adviser more useful than a solicitor for advice on this matter.
Share prices are published daily so you can look up their value anytime
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but only someone with some experience of the stock market could predict the likelyhood of the value rising or falling in the near future.