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kan3017 | 09:07 Sat 05th Jul 2025 | Business & Finance
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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

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If the shares are listed on an exchange the price to sell will be quoted & achievable. Getting a solicitor should make no difference.

Without details I'd generally opt to have the shares and then choose when to sell. The only advantage in asking them to be sold on your behalf first would be to avoid the hassle and get it over with. Chances are you would sell at less than you might have at a later date.

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

https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer

but only someone with some experience of the stock market could predict the likelyhood of the value rising or falling in the near future.

 

If you keep them and draw a dividend, the firm dealing with it, e.g. computershare, usually will ask if you want to sell or keep them, then it's a case of filling in the form and returning it.

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