Widower wants to sell shares now that probate has been granted but is at a loss on how to assess the capital gain, or loss
A widower seeks to sell his deceased wife's 508 Vodafone shares inherited from Eircom IPO shares, struggling to determine the original purchase price for capital gains tax purposes. However, tax liability on the original shares ended with his wife's death. The relevant cost basis for capital gains is the share value on the date of probate (deemed acquisition date), compared to the eventual sale price.
