Deceased Estates

Our requirements for dealing with the holdings of a deceased investor depend on the individual circumstances of the investment and are detailed below.

Kindly forward the following documentation to City Pacific for processing or contact one of our client services team members should you require assistance on 13 47 69:

Single Account

Where the investment is less than $50,000:

To request a full redemption:

Certified copy of Death certificate
Certified copy of the Will or Probate
Signed request from all Executors
Certified copy of Executor/s driver's licence/passport

A cheque will be mailed in accordance with the Executors instructions and made payable to the Estate. Please note that it may take up to 360 days to process a valid redemption request from the City Pacific First Mortgage Fund and the City Pacific Income Fund is classified as a ‘non-liquid’ registered managed investment scheme.

— or —

To request a transfer to a new or existing investment with City Pacific First Mortgage Fund/ City Pacific Income Fund in the name of the beneficiary:

Certified copy of Death certificate
Certified copy of the Will or Probate
Signed request from all Executors
Certified copy of Executor/s driver's licence/passport
Completed transfer form

Where the investment is $50,000 or more:

Documentation requirements are as above however a certified copy of Probate is required. A certified copy of the Will is not sufficient.

Joint Account

To transfer to the name of the surviving joint account holder:

Certified copy of Death certificate
Signed request from surviving joint account holder
Completed transfer form

Investment will be transferred to a new account in the name of the surviving account holder under the same terms and conditions as the original investment.

To redeem the investment it must first be transferred to the name of the joint account holder as per the above instructions and then the surviving account holder must lodge a redemption form.

Please note: If the Deceased passed away without a Will, a certified copy of the Letters of Administration are required along with a certified copy of the Death Certificate and a certified copy of the next of kin's driver's licence or passport. If Letters of Administration are not granted, the next of kin must complete an Intestate Statement and Indemnity document.