You can create the following holdings in Estateably:
Stocks
Bonds
ETFs/Mutual Funds
GICs
Accrued interest
Debentures
Deriviatives
Equities
Fixed-income
Other (you can manually enter the holding type)
Adding original holdings (Estates and POAs)
Adding original holdings (Estates and POAs)
Original holdings must be linked to the following asset types:
Deceased Bank Account (Estates)
Deceased Investment Account (Estates)
Grantor Bank Account (POAs)
Grantor Investment Account (POAs)
Once one of these assets are created, take the following steps to add original holdings:
In the Inventory or Accounting section of Estateably, locate the bank account that holds the asset. Click on the three-dot menu, and select "View holdings".
Click "Add holding" in the top-right corner.
Enter information on the holding to the fields.
Once you have entered all the details, click "Save" to return to the holdings screen, or "Save and add new" to enter another holding.
Adding holdings transferred to a trust in-kind (Trusts)
Adding holdings transferred to a trust in-kind (Trusts)
Holdings must be linked to either of the following asset types:
Trust Bank Account (Trusts)
Trust Investment Account (Trusts)
Once one of these assets are created, take the following steps to add holdings that were transferred into a trust in-kind:
In the Trust Accounting section of Estateably, locate the bank account in the Assets tab that holds the asset. Click on the three-dot menu, and select "View holdings".
Click "Add holding" in the top-right corner.
Check the "Funding asset" box.
Enter information on the holding to the fields.
Once you have entered all the details, click "Save" to return to the holdings screen, or "Save and add new" to enter another holding.
Adding trustee/executor/guardian-purchased holdings (All case types)
Adding trustee/executor/guardian-purchased holdings (All case types)
This action can be taken on the following file types:
Probate and Accounting
Estate Accounting
Trust Administration
POA Administration
Holdings must be linked to either of the following asset types:
Managed Deceased Bank Account (Estates)
Managed Deceased Investment Account (Estates)
Estate Bank Account (Estates)
Additional Estate Account (Estates)
Trust Bank Account (Trusts)
Trust Investment Account (Trusts)
Managed Grantor Bank Account (POAs)
Managed Grantor Investment Account (POAs)
Additional POA account (POAs)
Once one of these assets are created, take the following steps to add holdings that were purchased by an executor, guardian/POA, or trustee during the administration:
In the Accounting section of Estateably, locate the bank account in the Assets tab at the top of the page that holds the asset. Click on the three-dot menu, and select "View holdings".
Click "Add holding" in the top-right corner.
Enter a transaction date. Then, enter information on the holding to the fields.
Once you have entered all the details, click "Save" to return to the holdings screen, or "Save and add new" to enter another holding.
This will create a holding in the associated account, as well as a purchase in the transactions section for the holding's value.