Why Partner With Us?
We put in the groundwork to simplify the process for you or your client
Our specialists assist you to facilitate the sale of shares or transfers to wind up shareholdings in Estates
Beneficiaries may open an account to manage their share portfolio going forward
Our advisors provide comprehensive investment advice to the Estate beneficiaries
If a simple sale of shares is required, this can be arranged in an efficient and timely manner
Estate Administration of Shares
What can seem like a complex undertaking, will be made simple by our expert team. We do the groundwork for you and in turn, simplify the process for you and your clients. Through a partnership with us, you can feel assured that the process of managing shares within an estate will be a straightforward experience.
Sell shareholdings held in an Estate
Transfer shares to Beneficiaries
Our experienced iInvest team will handle all the paperwork involved to transfer shares out of an estate to Beneficiaries. Once the paperwork is finalised, we will arrange the transfers for you.
Search for unknown SRN numbers
If the Shareholder Reference Number (SRN) cannot be located, we are able to conduct a search to acquire the SRN prior to selling or transferring shares.
Ensure dividend payments are paid
A search will be conducted for each shareholding to ensure dividend payments have been aptly directed. If we find this not to be the case, we will arrange the necessary forms for each respective share registry, to re-direct dividends to your nominated account.
Our Process
Required Information & Documents
- Details of the shareholding’s SRN or HIN number.
- Details of the Executor(s) or the Administrator of the Estate, with clear ID, certified in the past 3 months.
- Recently certified copy of original Probate, or a recently certified copy of the original Will and Death Certificate if the Estate is valued under $25,000.
- Bank account statement in the name of the Estate, or the Solicitors Trust account, for the proceeds to be paid into.
- An application form that we will pre-prepare and send to you for the Executor(s) to sign.
FEE SUMMARY
Sale of Shares: Min. $150 or 1% per parcel of shares (ex GST)
Off Market Transfer: $150 flat fee per transfer (ex GST)
12A – SRN Search: $25 (ex GST)
*If required to conduct an investigation into unlisted securities or complete work well outside the normal scope, we will discuss an hourly rate with you prior to commencing.
Contact iInvest Trading & Advisory
Contact Our Estates Team
Estate Contact: Fiona Kennedy – Operations Manager
11 West Street Burleigh Heads QLD 4220
PO Box 1092 Burleigh Heads QLD 4220Ph: 07 5520 8788
Email : admin@iinvestadvisory.com