Deceased Estates

 

All-encompassing service for solicitors and executors handling shares that are held in deceased estates or as part of a family property settlement

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

Whether you need to sell multiple parcels of shares or a single holding, our team can assist you at a competitive brokerage rate. The proceeds are paid directly into a nominated Estate bank account, or Solicitors Trust account two days after the shares are sold.

+

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.

U

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.

Why Partner With Us?

We provide a personal relationship with a small experienced estate team who will guide you through the process. We are on hand to answer any questions you may have in relation to your Estate.

We put in the groundwork to simplify the process for you or your client

Our team have experience handling complex Deceased Estate matters

We contact and liaise with share registries for you to ensure all dividends have been paid

We guide executors or solicitors preparing for the transfer of shareholdings to beneficiaries

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

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: $100 flat fee per transfer (ex GST)

12A – SRN Search: $25 (ex GST)

 

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

    Print Friendly, PDF & Email