If you are the executor of a deceased estate, you may need to sell or transfer shares; we can help with either. Dealing with deceased estate share sales on a daily basis, the Sell My Shares team offers a friendly, personable service to help you sell or transfer deceased estate shares lightning fast and without any fuss.
We understand that many estate executors are not familiar with the process to sell or transfer shares and you are not expected to know anything when you contact us; that’s our job!
A simple estate sale is just that – simple. We are also renowned for being able to get to the bottom of complex matters to assist executors and their advisers (lawyers and accountants etc) to complete the task of selling or transmitting shares, no matter how complicated the scenario.
To sell shares held by a deceased estate, the following steps are required:
1. Complete the online share sale form on our website
2. Executor(s) complete the online ID check
3. Email us a certified copy of:
a) The probate; OR
b) The will & death certificate
The online share sale form takes around five minutes to complete and simply collects basic information about yourself and the shareholding. The key thing you’ll need here is your Securityholder Reference Number (SRN) which should begin with the letter “I”. (If your holder number begins with the letter ‘X’ – click here). Other things we’ll ask you in this form include how many shares you wish to sell and the service level you would like to receive (Value or Express). We will also request the email address for each executor to ensure each executor receives the online ID check to complete.
The online ID check is automatically sent to each executor’s email address after the share sale form is completed. Here, the executor is guided through a short online form where they will:
Once the online share sale form has been completed and the executor(s) has successfully verified their ID online, you will need to email us a certified copy of the probate, or certified copies of the will and death certificate. These documents can be emailed to us at email@example.com.
To get a copy of your documents certified, follow these instructions, which are summarised below:
For deceased estate share sales, our standard brokerage fees apply, plus a surcharge of (the greater of) $50 or 0.5%. The increased fee is to cover the additional complexity that accompanies selling shares held by a deceased estate.