Hi Clubman,
The reason for it is that I already had an account in my own name and we then bought some between us. It's only worth a couple of grand - we're not talking millions here. It just didn't seem to make sense to have 2 accounts. I have the bank statements to prove that my sister tranferred the money to me. Does this answer that question? It may not make a lot of sense and I suppose that is down to inexperience.
I do not hold the shares but have a nominee account. I would want to add her name to the account so that she would own half the shares. At what stage does stamp duty kick in? I don't think we are at that point. What is consanguinity relief?
Thanks.
Jinty.