Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Thursday, July 27, 2017

Article on Dealing with Shares on a Shareholder's Death: The Plight of the Deceased's Personal Representative

24731277-Forex-market-charts-on-computer-display-Stock-Photo-forex-candlestickAkmal Hidayah Halim, Wan Noraini Mohd Salim, Halyani Hassan, Nor Azlina Mohd Noor, & Azhani Arshad recently published an Article entitled, Dealing with Shares on a Shareholder's Death: The Plight of the Deceased's Personal Representative, Wills, Trusts, & Estate Law eJournal (2017). Provided below is an abstract of the Article:

Objective: This paper aims to examine the extent of the personal representative's duties and liabilities in dealing with shares on the death of a shareholder. The paper also analyses the procedure to administer the shares and the available options to the estate beneficiaries with regard to their entitlements to the shares.

Methodology/Technique: The discussion adopts the doctrinal analysis by examining the existing primary and secondary materials, including statutory provisions as provided by the Probate and Administration Act 1959 and the Companies Act 1965, case law and other legal and non-legal literatures relating to the duties and liabilities of the personal representative in dealing with the deceased's shares.

Findings: The discussion adopts the doctrinal analysis by examining the existing primary and secondary materials, including statutory provisions as provided by the Probate and Administration Act 1959 and the Companies Act 1965, case law and other legal and non-legal literatures relating to the duties and liabilities of the personal representative in dealing with the deceased's shares.

Special thanks to Robert H. Sitkoff (John L. Gray Professor of Law, Harvard Law School) for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2017/07/article-on-dealing-with-shares-on-a-shareholders-death-the-plight-of-the-deceaseds-personal-represen.html

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