A new Probates (Resealing) Act, 2021 enables a simplified procedure (significantly fewer documents would be needed) to be followed in circumstances in which grants of probate or letters of administration had been issued by the courts of other jurisdictions, including Hong Kong and Singapore.
Previously it was only possible to reseal grants from a limited number of jurisdictions. When the new Act comes into force, time for the transfer of the shares to their heirs would be shortened and the relevant costs would be lowered.
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