How do you transfer shares that I inherited from my husband into my name without triggering a cgt event? Do I do an off-market transfer into my name (we have different surnames) or is that considered selling? Or do I need to transfer them into an account called 'Estate of my husband's name'? Thanks
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Transfer of shares to a beneficiary is not a CGT event. There would only be a gain or loss if you disposed of the shares.
"There is a special rule that allows any capital gain or capital loss made on a post-CGT asset to be disregarded. It will be disregarded if, when a person dies, an asset they owned passes:
- to their legal personal representative or to a beneficiary, or.."
Guidelines
Deceased estates | Australian Taxation Office
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