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Transfering shares from Computershare
Robert Conway
Posted: 11 May 2012 18:05:54(UTC)
#1

Joined: 11/05/2012(UTC)
Posts: 1

My father's estate included about $30,000.oo worth of stock and computershare will not release it without forcing the whole estate into probate. I finally gave up and had my investment people at RBC try to accomplish the transfer and after 4 months they have just about given up also. I have spoken to a number of people who have had very similar problems with Computershare. If anyone has some suggestions it would be greatly appreciated.
Leigh Moss
Posted: 03 June 2012 09:05:23(UTC)
#2

Joined: 19/03/2012(UTC)
Posts: 11

I had the same problem with the Britannia Building Society for an amount is excess of £8,000. They forced us to go to probate before they would release it. The probate office then had to inform the DWP that the matter had gone to Probate. The DWP has now been trying to claim the money for themselves saying that they may have paid to many bennefits to the person who had died as his savings were over £6,000 They have told me, at my own expense as they have a claim on the estate, that I should obtain copies of all his bank statements from 2003 to 2011 and also every Britannia pass book from the same date. This has been going on for 6 months. I did read somewhere that if an estate is more than £5,000 it has to be refered to probate by law. I don't know if this is true or not.
Ann Barton
Posted: 03 August 2012 08:26:06(UTC)
#3

Joined: 08/02/2008(UTC)
Posts: 5

Hope your problems are being resolved, but it is true that amounts over £5k mean you have to obtain probate before funds will be released to you.
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