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    How can I get a Transfer of Stock Ownership on line?

    0  Views: 640 Answers: 2 Posted: 11 years ago

    2 Answers

    I am not finding any website that tells how to transfer online. With the required way of transferring stock, I do not know if it is possible to transfer them online. These are the instructions for transferring stock in the typical manner. 


     Things You'll Need
    Stock transfer form
    Letter of instruction
    Original stock certificates


    Instructions
    1
    Complete all sections of the Stock Transfer Form. Most banks and brokers also require a letter of instruction describing how you want the shares transferred.


    2
    Indicate the number of shares to be transferred, as well as the name of the company that holds the stock you want to transfer.


    3
    Date the Stock Transfer Form. Include your address and Social Security number. List the name, address and Social Security number of the new owner.


    4
    Sign your name on the back of the original stock certificate exactly as it appears on the account, (or on the front of the stock certificate). Depending on the number of shares being transferred, the signature(s) of the owner(s) may have to be Medallion Guaranteed.


    5
    Submit the Stock Transfer Form request along with the original stock certificates. Other forms may be required.


    6
    Provide a copy of the first page and signature page of the living trust document when transferring shares to a living trust. If transferring shares from a custodian account, the custodian must sign the letter of instruction for a minor. Indicate that you are acting in the capacity of a custodian. A photocopy of the death certificate is required when transferring shares where one owner is deceased.


    7
    Keep a copy of all the documents submitted for your own financial records.


    8
    Send stock certificates and any other documents by registered mail. Follow the transfer agent's mailing instructions. Include a daytime telephone number where you can be reached in case there are any questions.


    9
    Insure stock certificates for 2 percent of the market value of the shares before mailing in order to cover the cost of replacing the bonds should they be lost in the mail.


    Read more: How to Transfer Stock Ownership | eHow.com http://www.ehow.com/how_4613835_transfer-stock-ownership.html#ixzz2RrpgMEyV

    Is it possible to get a Transfer of Stock Ownership on line? 

    Colleen

    Moderator
    Please read my answer above.


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