Sell Your Shares Today
No stock broker required. Same day sale at the best rates with no hidden fees. Cash deposited directly into your bank account.
100% Online & completed in four simple steps.
It’s quite common for people to inherit shares from a family member who has passed away. While some individuals inheriting shares may be familiar with the stock market, many others will be owning shares for the very first time, uncertain as to how they should best handle their newfound situation. Whether you decide to immediately sell your shares, or hold onto them as a long-term investment, it’s best to seek out the advice of a professional who can offer you guidance around the implications of each decision.
No – Inherited shares are often bequeathed as a result of a deceased estate, whereas gifted shares arise from a voluntary transfer of shares from one shareholder to another. Shares can be gifted by completing an ‘Off-Market Transfer Form’ which can be obtained from either your holding broker or the company’s share registry. In Australia you don’t have to pay any tax when you inherit shares, but you may be liable for capital gains tax (CGT) if you sell them. When shares are gifted on the other hand, the change in beneficial ownership is treated as a CGT event, and any profits until that point of ownership will likely incur CGT.
If you have inherited shares, and they have been transferred from a deceased estate into your own name, this will be a straightforward share sale by an individual person. If the shares are still held in the name of the deceased estate, you will need to follow the deceased estate share sale process and provide us with a certified copy of the probate or certified copies of the will and death certificate.
You submit your share sale online and we complete the form for you to sign and return to us electronically!
You can use our online system to verify your ID, which saves going to the post office to save documents certified.
Not an ancillary ‘afterthought’ service. Selling shares is what we do, and we do it best.
We have streamlined the process to make it as simple and as fast as possible for you to sell your shares through online submission.
No annoying answering machines, you will deal with a single person who will guide you through the share sale process.
Means we get the best price when selling your shares, a detail which is often overlooked.
Provides you with piece of mind that you are dealing with a market leading organisation.
No stock broker required. Same day sale at the best rates with no hidden fees. Cash deposited directly into your bank account.
100% Online & completed in four simple steps.
Sell My Shares was founded in 2013 by 2 stockbrokers who noticed that people who just wanted to sell their shares with minimum fuss had few options outside of opening a fully fledged stockbroking account.
We decided to love this type of business, and these clients, and that’s what we do – very well.
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Copyright © 2023 Sell My Shares Pty Ltd. All rights reserved. This site has been prepared by Sell My Shares Pty Ltd (ABN 81 653 391 943) an Authorised Representative (number 001293396) of Sequoia Wealth Management Pty Ltd (ABN 22 002 314 310) which holds AFS Licence No. 472387.