Hi All,

My father recently passed away, leaving only myself and my mother as directors of the company.

The executor of his estate (my aunt, his sister) contacted me requesting the value of his shares in the company, as he owned 50%.

The company is an SME employing 5 people

Can anyone assist with the legal requirements or procedures involved in determining this information? Who is allowed to provide this information? I do the company books. Am I allowed to "value" the shares of the company myself, or do I need to get a professional?

I mean, I should be able to get a clear indication of assets & liabilities just by looking at my financial reports as per Pastel? These reports are all (supposed) to be accurate right, so I can use them to prove how I determined the value?

I'm not even really sure yet how to divide the shares once I've determined the value either...

Any help, tips or advice will be greatly appreciated! 🙏🙏