Two legal heirs, an old address, and shares divided equally

The situation

A family held several share investments in physical form in the names of their late parents. The company records still showed an old residential address, and no nominee details had been updated.

The challenge

The two legal heirs needed to establish their entitlement and complete the transmission of the shares. The outdated address and missing nominee details added to the documentation and procedural requirements, and the accumulated dividends also had to be claimed.

What we did

• Helped the legal heirs collate the necessary documents
• Coordinated with each company and registrar to complete the transmission
• Updated the shareholder records, including the address and nominee details
• Addressed the requirements for claiming the accumulated dividends
• Consolidated the shares and dividends once they were regularised

The outcome

The shares and associated benefits were allocated equally between the two legal heirs, as they had agreed. A collection of old, largely unattended physical certificates became an organised and manageable portfolio, with its value unlocked and distributed fairly between the heirs.

Client identity withheld for privacy. Every case is different, and timelines depend on the companies, registrars and documents involved.