how to determine how much a member is due when they have paid for the whole year in January and pass away midyear? We would pay the estate the % he is owed in stock.

thanks

Dan Cohn
Atlanta

NAMC Investment Club #3

Dan,

Others will advise you, but Bivio has those calculations all built into the software. Follow the directions.

Linda

On Fri, Oct 27, 2023 at 12:48 PM Dan Cohn via bivio.com <user*32501700001@bivio.com> wrote:

how to determine how much a member is due when they have paid for the whole year in January and pass away midyear? We would pay the estate the % he is owed in stock.

thanks

Dan Cohn
Atlanta

NAMC Investment Club #3

Send an email directly to support@bivio.com with the details of the withdrawal and name of the deceased member and we will help you use bivio to determine the correct withdrawal amount.

Becky Kruse
bivio Support

knew the amount the question is he paid the monthly buyin ($100/month) for the whole year ($1,200). so do we repay him the $350 in cash?

On Fri, Oct 27, 2023 at 6:34 PM Becky Kruse <kruse@bivio.biz> wrote:

Send an email directly to support@bivio.com with the details of the withdrawal and name of the deceased member and we will help you use bivio to determine the correct withdrawal amount.

Becky Kruse
bivio Support

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Dan Cohn
404 862 5640

Dan,

Generate the Bivio Withdrawal report on the final day of membership. Paying for a full year in advance, as I understand your message, means that money was invested prior to his demise and constitutes the whole investment. His payout should be the whole amount paid plus/minus and gains or losses and fees.

Bernie Worst

Partners For Profit

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