Transfer Shares to a Trust or Related Entity

Transfer shares to a trust or related entity

Use this process when transferring shares from an individual to their trust or related entity where both parties have the same signer. For transfers between unrelated parties with different signers, follow the standard share transfer process.

When signers are the same for both parties, generate the contract through Cake but execute it offline rather than using Cake's transfer feature.

Create the new entity

Navigate to People from the main menu and click + Add to create the new entity or contact.

Important: Use a temporary email address different from their current holdings - you'll update this later. An email address is required but won't be used for sending documents.

Set up the transfer

1. Go to Ownership and select Transfers from the dropdown menu

2. Follow steps 1-5 from the standard transfer process

3. Ensure the offer reaches the "Ready to invite" step

Download the transfer form

1. Click Send as if sending the transfer through Cake

2. Stop at the document preview screen

3. Download the transfer form as a PDF to your desktop

4. Click the X in the top right corner to exit without sending

Execute offline

1. Email the transfer form to the recipient for execution

2. Once you receive the signed form, return to the transfer details in Cake

3. Click More and select Settle Offline

4. Follow the remaining steps to finalise the transfer

Update contact details

Remember to update the temporary email address with the correct one to ensure accurate future communication.

Still Need Help?

If you need further assistance, reach out to our support team by raising a new support request or through the chat in the bottom right corner.