Stocks and securities are one of the most profitable financial instruments. They not only bring profit to their owners by showing growth and paying dividends. Shares work to bring profit to the business of companies and society as a whole. Situations often arise when shares need to be inherited after going through many legal procedures.
Instructions
Step 1
Only accredited notaries and licensed lawyers have the right to make inquiries and transactions in inheritance cases. You can find a specialist both on the Internet and in the Notary Board of your city.
Step 2
First of all, the notary must make a request for the inheritance case. At the place of residence of the deceased, information about his current account is taken, which is immediately frozen.
Step 3
The notary requests the will. If it is not there, all property, including shares, is divided equally.
Step 4
Information about shares is provided by the piece, the registrar has the right not to disclose the price of assets. You can find it out by making an official request to the RTS (Russian Trading System) stock exchange.
Step 5
A situation may arise when an even number of heirs will apply for an odd number of shares (or vice versa). In this case, it will not be possible to divide the securities equally (for example, 33 for two) (for this, you need to "break" the share in half). In this case, you can transfer the inheritance to a special equity account, where you can sell the "extra" share and divide everything in half.
Step 6
You can expedite the procedure for obtaining shares by inheritance by contacting the company (joint stock company) directly. There you need to get an extract from the register of shareholders. It should indicate that the deceased owned a share in the company, and also determine the size of this share as a percentage. You also have the right to receive a report on the financial activities of the company - it can help in calculating the cash equivalent of the inheritance.
Step 7
If you are a citizen of another country, in order to register shares by inheritance, you need to provide a notarized translation of your passport and a temporary residence permit on the territory of the Russian Federation. In some cases (for amounts up to 2 million rubles), an extract from the hotel about temporary accommodation will be sufficient.
