Welcome to the Australian Ford Forums forum.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated.

Go Back   Australian Ford Forums > General Topics > Non Ford Related Community Forums > The Bar

The Bar For non Automotive Related Chat

Reply
 
Thread Tools Display Modes
Old 28-03-2022, 10:07 PM   #1
Citroënbender
DIY Tragic
 
Citroënbender's Avatar
 
Join Date: Apr 2018
Location: Sydney, more than not. I hate it.
Posts: 22,547
Chairman's Award: Chairman's Award - Issue reason: Your outstanding contributions to this community have not gone unnoticed. IN my view you are a worthy recipient of the (rarely used) Chairman's Award. 
Default Q: DIY Liquidating Inherited Shares

It can’t be that unique a scenario.

I need to sell some very minor Australian shareholdings that were in my father’s name. The usual certified documents are in order; death certificate, will. Solicitor’s informal advice was no probate required in this particular situation.

Are there any online brokerages who handle this small scale stuff, where I can upload a completed form, ID, legal documents and have it paid out by direct deposit to a nominated account? Ideally for all listings in the one “go”.

One of the share listings refers you by default to Computershare, who seem to only use snail mail for estate resolution. Ironic, given their name and that at the far end, someone will be opening that snail mail and feeding the pages through a document scanner…
Citroënbender is offline   Reply With Quote Multi-Quote with this Post
Old 29-03-2022, 06:19 AM   #2
Trevor 57
FF.Com.Au Hardcore
 
Trevor 57's Avatar
 
Join Date: Mar 2005
Posts: 7,762
Default Re: Q: DIY Liquidating Inherited Shares

I had some pommy share, 5, that were worth about $200AU, I contacted some mob in Perth and it was going to cost me $400 to off load. I wasn't going to pay that so they suggested an English charity that accepts unwanted shares, so I made a donation to help.English homeless .

I can track down the name of the mob in Perth if you want it
__________________
I reserve the right to arm bears
Trevor 57 is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 29-03-2022, 06:38 AM   #3
FairmontGS
WT GT
Donating Member3
 
FairmontGS's Avatar
 
Join Date: Jan 2006
Location: The GSS
Posts: 17,773
Default Re: Q: DIY Liquidating Inherited Shares

You'll need to get them converted from issuer sponsored to CHESS.

https://www.commsec.com.au/support/h...-commsec.html#
FairmontGS is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 29-03-2022, 06:52 AM   #4
Citroënbender
DIY Tragic
 
Citroënbender's Avatar
 
Join Date: Apr 2018
Location: Sydney, more than not. I hate it.
Posts: 22,547
Chairman's Award: Chairman's Award - Issue reason: Your outstanding contributions to this community have not gone unnoticed. IN my view you are a worthy recipient of the (rarely used) Chairman's Award. 
Default Re: Q: DIY Liquidating Inherited Shares

Ta - so that (converting to a CHESS holding) is a means to lump them altogether. Hadn’t thought of it that way.

Fortunate none are held OS - would probably have done as Trevor.
Citroënbender is offline   Reply With Quote Multi-Quote with this Post
Reply


Forum Jump


All times are GMT +11. The time now is 02:13 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Other than what is legally copyrighted by the respective owners, this site is copyright www.fordforums.com.au
Positive SSL