Transfering shares into another persons name...

How long does it normally take ? a friends dad wants to transfer the shares into his sons name , so he can sell them and use them towards the deposit for his house....

Reply to
Inch High Private EYE
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Why doesn't he sell them himself and give his son the money?

Reply to
Ronald Raygun

at a guess, because he thinks its a way round CGT? WhIch obviously it isnt.

Reply to
Tumbleweed

Quite. Maybe it's not the father but the son who wants to pull a fast one. The father might want to give him the shares as something to hold on to, but sonny wants to flog them off as soon as possible and turn them into a cash deposit.

Reply to
Ronald Raygun

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