My aunt has some shares she invested in but lost interest in them years ago.
It has taken me many weeks to piece together which shares, how many, find some of the certificates, apply for copies of others, register the LPA with the registrars etc. etc.
I need to take control of the shareholdings and diversify her portfolio as she's ended up with a large amount of money in just two companies, which is way too risky when we may soon need to capitalise some of the investment to pay for care.
I was almost there with one online sharedealing service until they demanded to see her passport or driving licence as proof of identity. She doesn't own either and even her birth certificate is going to be a nightmare to find as her house is a complete mess.
I'm pretty sure with a LPA, this proof is not necessary and I spoke to another sharedealing service who confirmed my thoughts but I thought I'd see if anyone else on here has experience of opening a POA share dealing account anywhere and whether they had any tips or recommendations.
I will be funding the account with the existing shares, I need an online service with reasonable fees and I doubt I'll be trading that regularly to begin with.
TIA!
It has taken me many weeks to piece together which shares, how many, find some of the certificates, apply for copies of others, register the LPA with the registrars etc. etc.
I need to take control of the shareholdings and diversify her portfolio as she's ended up with a large amount of money in just two companies, which is way too risky when we may soon need to capitalise some of the investment to pay for care.
I was almost there with one online sharedealing service until they demanded to see her passport or driving licence as proof of identity. She doesn't own either and even her birth certificate is going to be a nightmare to find as her house is a complete mess.
I'm pretty sure with a LPA, this proof is not necessary and I spoke to another sharedealing service who confirmed my thoughts but I thought I'd see if anyone else on here has experience of opening a POA share dealing account anywhere and whether they had any tips or recommendations.
I will be funding the account with the existing shares, I need an online service with reasonable fees and I doubt I'll be trading that regularly to begin with.
TIA!