Can You Sell Shares on Behalf of a Deceased Person?
Yes. If you’re managing the estate of a deceased shareholder, Unbroker can assist you in selling issuer-sponsored shares held in their name.
We regularly work with executors, administrators, probate lawyers, and next of kin to complete share sales from deceased estates. Our online process is designed to be straightforward, compliant, and sensitive to the fact you’re often dealing with this task during a difficult time.
What You’ll Need
To proceed with a share sale from a deceased estate, we require:
- The SRN (Security Reference Number) for the shareholding
- Certified copy of the Will (or Letters of Administration if there is no Will) and death certificate
- 100 points of ID from each legal representative requesting the sale.
- Bank account details for an account held in the name of the estate, or a solicitor’s trust account
If the estate has multiple executors, we may require certified ID and authorisation from each.
What Happens After You Submit Your Request?
- We review all estate documentation and verify ID — typically within 1 business day
- Your shares are sold — usually the same or next business day after approval
- Funds are transferred — one business day after the trade settles (T+2)
Most deceased estate share sales are finalised within 1-2 business days, provided all documents are in order.
Is It Safe?
Yes. Unbroker is a licensed, secure platform trusted by:
- Executors and administrators
- Probate lawyers
- Accountants and financial advisers
- Share registries and market participants
We handle deceased estate transactions with care and discretion, ensuring your documents are protected and your transaction is compliant at every step.
Not Ready to Sell Yet?
If you’re still waiting on probate, locating the SRN, or finalising estate paperwork, that’s completely normal. You’re welcome to contact us at any stage — we can explain what’s required and help you prepare for when you’re ready.
Ready to Sell Shares from an Estate?
Unbroker makes it easy for legal representatives to sell issuer-sponsored shares without the need to open a trading account or deal with a full-service broker.
Frequently Asked Questions
100 points of ID is a document-based identity check used in Australia. You’ll need to provide certified copies of documents—like a passport, licence, or utility bill—that add up to 100 points. For more information on 100 points of ID click here.
Yes — if your shares are issuer-sponsored, you can sell them online through Unbroker without opening a trading account or using a full-service broker.
Yes — if you're acting under a valid Power of Attorney, you can sell issuer-sponsored shares through Unbroker by providing the required documents and ID.
An SRN identifies shares held directly with a share registry, while a HIN is used for shares held through a broker. Unbroker can only sell shares registered with an SRN. For more, click here.
That’s fine — both shareholders can authorise the funds to be paid into one person's account using a signed authority form provided by Unbroker.
A one-off share sale lets you sell issuer-sponsored shares without opening a trading account or using a full-service broker — perfect for casual or one-time sellers.
Unbroker specialises in one-off share sales — no trading account, no upsells, and no ongoing fees. We're built for people who just want to sell and move on. For a detailed comparison click here.
Most share sales settle within three business days — including ID verification, trade execution, and payment. Ubroker offers same-day sale and settlement, enabling you to recieve your funds one business day after the sale.
Yes — if you have your SRN and ID, you can sell issuer-sponsored shares through Unbroker without logging into the registry.
Yes — as an overseas resident, you can sell issuer-sponsored shares through Unbroker by posting original certified ID and a signed authority form.
We’re required by law to verify the identity of each registered shareholder before processing a sale — it helps prevent fraud and ensures compliance with ASIC and anti-money laundering regulations. For more information on ID verification click here.
Your SRN is usually found on a holding statement or letter from the share registry — it’s required to sell issuer-sponsored shares through Unbroker.
Yes — as long as you're using a licensed and compliant provider like Unbroker. We verify all sales, protect your information, and never ask for upfront payments.
If you’ve lost your holding statement, you’ll need to contact the share registry to request a replacement. Once you have your SRN, you can sell your shares through Unbroker.
If the shareholder can’t sign, someone else may be authorised to act under a valid Power of Attorney or court order. We’ll need certified documents confirming their authority before we can proceed.
