Legal/Finace issue - advice please....
Discussion
When my father passed away (intestate) some years ago I had to apply for the forms allowing me to administrate his estate, which I got. Almost everything was sorted out, insurance etc paid out and everything sorted.
He also owned some shares in an Oil company, but they were virtually worthless at the time (2005).
we've since received a letter from the company stating that they were being compulsory purchased following a takeover. Shares now worth £2400. Great little earner thanks to Dad, my Mum will get a nice little bonus to remember him by.
So I sent the shares certificate off to Capita Finance in Ireland who are dealing with the Share payout. I also sent my proof of ID, and the sealed and stamped letter of Administration that I have for dealing with Dads affairs.
I've received a letter back from them now stating that they need to see an Irish Grant of Representation before they can deal with me. Are they right? I feel like they are taking the piss here. I have nothing to do with the country of Ireland, nor has my Dad. Why do I need legal documents from a foreign country, when I have the required docs from the UK?
So can anyone confirm that they are right in demanding this Irish Grant of representation, and if so, any idea how I go about getting this?
Seems to me to be a ridiculous requirement.
Many thanks in advance.
He also owned some shares in an Oil company, but they were virtually worthless at the time (2005).
we've since received a letter from the company stating that they were being compulsory purchased following a takeover. Shares now worth £2400. Great little earner thanks to Dad, my Mum will get a nice little bonus to remember him by.
So I sent the shares certificate off to Capita Finance in Ireland who are dealing with the Share payout. I also sent my proof of ID, and the sealed and stamped letter of Administration that I have for dealing with Dads affairs.
I've received a letter back from them now stating that they need to see an Irish Grant of Representation before they can deal with me. Are they right? I feel like they are taking the piss here. I have nothing to do with the country of Ireland, nor has my Dad. Why do I need legal documents from a foreign country, when I have the required docs from the UK?
So can anyone confirm that they are right in demanding this Irish Grant of representation, and if so, any idea how I go about getting this?
Seems to me to be a ridiculous requirement.
Many thanks in advance.
I don't know about Island, but having lived overseas for many years, I have seen foreign agencies ask that UK death certs and grants of probate be 'stamped' by the embassy of the UK. UK no longer do this and I have used a 'work around' in Asia, but that wouldn't work in Europe, I'd call the Irish embassy in London and ask they may certify your UK grant.
TTmonkey said:
He also owned some shares in an Oil company, but they were virtually worthless at the time (2005).
we've since received a letter from the company stating that they were being compulsory purchased following a takeover. Shares now worth £2400. Great little earner thanks to Dad, my Mum will get a nice little bonus to remember him by.
Presume the compulsory purchase was after death but before Probate?we've since received a letter from the company stating that they were being compulsory purchased following a takeover. Shares now worth £2400. Great little earner thanks to Dad, my Mum will get a nice little bonus to remember him by.
Seriously, was Ireland still issuing share certificates back in 2005? UK "dematerialised" in the mid-1990s.
Why were the shares not transferred into your mother's name when your father died? The delay might be what's causing a problem, but I don't know.
Lots of questions here - but Registrars are usually pretty reliable at asking for the correct paperwork. It's a once-in-a-lifetime for you but just another day at work for them.
Why were the shares not transferred into your mother's name when your father died? The delay might be what's causing a problem, but I don't know.
Lots of questions here - but Registrars are usually pretty reliable at asking for the correct paperwork. It's a once-in-a-lifetime for you but just another day at work for them.
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