What is needed to merger two seperate clubs? Our club has
been presented with an opporunity to merge, however, we
are not sure what is required/needed?

Any thoughts?

Thanks in advance.

Michelle

J. Michelle Sudduth writes:
> What is needed to merger two seperate clubs? Our club has
> been presented with an opporunity to merge, however, we
> are not sure what is required/needed?

It's not something we recommend, because the tax implications are
complex, and it's just as easy to disband one club, and have its
members join the other.

When you disband the one club, you can avoid immediate tax
consequences by transferring the stock its members. Here's an article
about the best way to disband a club:

http://www.bivio.com/trez_talk/mail-msg?t=16570100003

Cheers,
Rob