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Hi, a client of ours died with funds invested in a General investment (non ISA account).

Since date of death, this has grown in value. All existing stock has remained, no cashing in.

If the stock is transferred in specie from the estate to the beneficiaries, will this be a disposal for CGT purposes, or will the beneficiaries inherit the gains.

thanks

Not a disposal. The beneficiaries inherit the probate value as their cost price.