Selling Drip Stocks
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Selling Drip Stocks Is there a form created for selling drip stocks? Hi Linda, Can you let us know what kind of form you might be looking for? To enter the sale of a DRIP holding in bivio, you can use the same sell form that you use for all stocks. You can get to it by selecting the "Sold" button on the Accounting>Investments page. Let us know if that's not what you need. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe On Fri, Sep 14, 2012 at 12:25 AM, LINDA MACDOUGALL <smacdo1951@aol.com> wrote: Is there a form created for selling drip stocks? I am assuming you want to sell your drip stocks and or stop the reinvestment of drips as it is very difficult with the new IRS rules. If you wat to sell, contact the the company the brookerage or copany that holds the drips for instruction. make sure you follow their instructions carefully. We transferred all our drip accounts to our brookage account and we needed the original club partnership agreeent,and a signed stateent by all members . this was cobersome. In addition you had to state that you did not want any ore drips. The process took 3-4 months. The form I was referring to is more of a template used for contacting the handlers of the drips. We have HOG which is with Computershare and YUM with American Stock. We have sold drips in the past and it has always been a pain and was hoping maybe someone had created a form that works. I know that both need a medallion signature guarantee and was wondering if anyone had success with using the tearoff form on the quarterly investment statements. Any help is appreciated. Thanks Linda |
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