How can I gift US shares to my wife? Both of us live in UK. Shares are in my individual Interactive Brokers account.
I have been searching the web and also read another post that mentions this is posible, however, where can I find specific details as to how to actually go about making this gift so that I have all the paperwork required by HMRC.
For example, would I need to instruct my broker to set up a joint account or a separate individual account in my wife's name, and phyically transfer the shares into my wife's account?
Or is there a more simpler way, by way of some form of letter?
Any advice would be welcome!