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How does one inherit shares-what is the procedure?

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How does one inherit shares-what is the procedure?

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  1. The shares are transferred to your name.  

    Either the certificates are sent to the company registrar with a death certificate and a new certificate is issued and sent to you.

    Or, the shares are transferred from the estate account to your account.  The death certificate must be provided to the estate's broker.


  2. If the deceased had left a will for transfer of the shares in favour of a named successor, the compnay, on receiving the claim with the attested copies of the death certificate and the will document, may give effect to the transfer. If there is no will and there are more than one legal heir, You will have  to prove that you are one of the heirs, by submitting a succession cerificate from the court. You will also have to get a No-objection certicate from other legal heirs for transfer  of all or part of the shares in your name.

  3. You inherit something when a person dies and they leave the item to you through  their will. The deceased's attorney can help with the procedure. Usually it is not problem.

  4. Inheriting is done exactly in the same way as the properties are done.  You need to prove to be the legal successor for all the properties owned.

  5. I dont know the words meaning

  6. one inherit,if someone loves them and leave them in their will, and procedure is,after you inherit, apply for transfer of shares in your account.

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