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What’s happened to my shares and it’s value if I suddenly die

Investing strategy

Hi, I just started my investment with ASX last month. But I started worrying and wanted to know what’s happened to my shares and it’s value if I suddenly pass away? I’m single mom with 3 children. Thanks

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Ngoc Nguyen

Asked on 30 September 2022

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Cathy Sun

Pearler

Wed, 12th October 2022

Hi Ngoc,

Absolutely second what Dave said.

Having a will in place will make this already difficult time a lot less stressful for whoever is in charge of sorting out your assets.

Our broker will normally need to see documentation such as death certificate, will, Grant of Probate or Letters of Administration to allow access to your holdings to either make any sales or transfers to another person.

Hope this provides some insight and thanks for your question!

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