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What happens to the shares when shareholder dies?

January 16, 2013 - by Nida U.
One client asked me :

"What happens to the shares when shareholder dies?"
This is very simple, share is like any property, therefore if a shareholder dies, the share becomes property of the shareholders heirs, unless there is a last will, trust or instruction from the shareholder. If deceased have not left a will, then his property that is left should undergo normal inheritance procedure.

Thank you for reading my post! And you are welcome to leave comments, feedback, suggestions for other posts or contact me for more information.

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