Bellmont provides a seamless and all encompassing solution for solicitors handling shares in deceased estates. Our dedicated team provides a range of services which aim to alleviate the administrative burden experienced too often by legal practices.
We take care of the paperwork so you can focus on the legal work!
Share Sales
Selling shares held in an estate can often seem unnecessarily complex. Bellmont’s streamlined approach simplifies the process, allowing shares to be sold without the need to set up a brokerage account.
We can facilitate the sale of multiple shareholdings simultaneously and assist whether the holdings are directly registered with share registries (Issuer Sponsored) or held with an external broker (CHESS Sponsored).
Our dedicated team handles all the paperwork and liaises with parties such as share registries and brokers, ensuring a seamless process that enables you to manage this aspect of the estate with ease.
Share Transfers
Bellmont takes the complexity out of share transfers by managing all the required paperwork and coordinating with registries, brokers, and other parties on your behalf.
Our straightforward pricing model provides transparency and caters to estates with single or multiple beneficiaries, ensuring the process is clear and efficient.
By entrusting Bellmont with share transfers, you can ensure timely and accurate execution, giving you more time to focus on other critical aspects of estate administration.
Dividend Repayments
Unclaimed dividends often remain with share registries due to account closures or other complexities during estate administration. Bellmont can help ensure beneficiaries receive all entitlements by recovering these unclaimed funds.
Our team checks each shareholding with the respective registry to identify unpaid dividends and facilitates the process of reclaiming these funds. When Bellmont is engaged for share sales or transfers, this service is provided at no additional cost.
Let Bellmont manage the details and recover any unclaimed dividends from the registries, ensuring the estate receives its full entitlements.
Cost Base Reconstruction
Calculating the cost base for shares is crucial for determining capital gains tax (CGT) when shares are sold. Bellmont offers a Cost Base Reconstruction service to support executors and administrators in identifying the original purchase price of shares.
We consider factors such as dividends, splits, bonus issues, and consolidations to ensure precise CGT reporting for the estate. Our team liaises with share registries and leverages historical data to piece together the cost base, delivering a dependable solution for estate administration.
General Search and Verification of Shareholding
If an executor is unsure whether a deceased individual held shares with a specific company, or if a known holding is still active, Bellmont provides a comprehensive General Search service.
Our team works with the main registries to identify active ASX-listed holdings registered under the deceased’s name and address. We can also verify with the relevant registry whether any known holdings remain active.
This service is offered free of charge to assist executors and solicitors in managing estate administration with confidence and ease.
SRN Search
The Securityholder Reference Number (SRN) is crucial for managing issuer-sponsored holdings. The SRN starts with an 'I' followed by 9–10 numbers and is typically found on statements issued periodically by the registry.
If the SRN is unavailable, Bellmont offers an SRN Search service to assist in its retrieval. By verifying details such as the company name, registered name, and address—or all possible addresses if uncertain—we liaise with the relevant registry to confirm the existence of the holding. Once confirmed, we proceed with the SRN Search.
This service provides an efficient solution to ensure estate shareholdings can be administered without unnecessary delays.
