Partial Withdrawals

Susan Maciolek on

Dear Laurie,

For the first time, my club wants to do a partial
withdrawal. Can it be done with trasnfer of stock(s) or is
it better to use cash only? Our partnership agreement allows
stock
transfer, but it there any disadvantage to the member
receiving stock?

TIA

Susan Maciolek

Laurie Frederiksen on

Hi Susan,

It can be very tricky to pay a partial withdrawal with stock. The tax rules are different and if not done correctly, the member can end up with a situation where they'll have tax obligations earlier than they might have otherwise. Here is an oldie but goodie writeup that gives a good overview of what needs to be considered.

http://www.bivio.com/trez_talk/mail-thread?p=69429100003

Feel free to send the details of what you might be considering to support@bivio.com and we can help you review the specifics of your situation.

Laurie Frederiksen
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On Wed, Aug 14, 2013 at 10:52 AM, Susan Maciolek <smaciolek@gmail.com> wrote:

Dear Laurie,

For the first time, my club wants to do a partial
withdrawal. Can it be done with trasnfer of stock(s) or is
it better to use cash only? Our partnership agreement allows
stock
transfer, but it there any disadvantage to the member
receiving stock?

TIA

Susan Maciolek

Susan Maciolek on

Thank you!!!

On Wed, Aug 14, 2013 at 10:08 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:

Hi Susan,

It can be very tricky to pay a partial withdrawal with stock. The tax rules are different and if not done correctly, the member can end up with a situation where they'll have tax obligations earlier than they might have otherwise. Here is an oldie but goodie writeup that gives a good overview of what needs to be considered.

http://www.bivio.com/trez_talk/mail-thread?p=69429100003

Feel free to send the details of what you might be considering to support@bivio.com and we can help you review the specifics of your situation.

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
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe

On Wed, Aug 14, 2013 at 10:52 AM, Susan Maciolek <smaciolek@gmail.com> wrote:
Dear Laurie,

For the first time, my club wants to do a partial
withdrawal. Can it be done with trasnfer of stock(s) or is
it better to use cash only? Our partnership agreement allows
stock
transfer, but it there any disadvantage to the member
receiving stock?

TIA

Susan Maciolek

Raise your words, not your voice.

It is rain that grows flowers, not thunder.

-Rumi

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