Hi
A flat in a Co-op Housing society is in Mrs X's name. Share certificate is in her name transferred after husband Mr Y's death
She has given nomination in the proper forms to the society nominating her 2 sons 50% each. Sons Mr. A and Mr. B
Mrs Y passed away in Sep-2015
Questions
- What is the procedure to transfer the shares in the sons name
- As there is joint nomination whose name will appear first
- Is it possible to transfer the share certificate in single name (Mr. A) and Mr. B foregoes his 50% share. Would this have tax implications
Thanks
Ninad