You are right!  I forgot about that.  Well what do we do?

IraS1@aol.com wrote:
> Absolutely not! That creates a taxable transaction for the withdrawing
> spouse where one doesn't exist.
>  
> Ira Smilovitz
>  
> In a message dated 8/23/2005 2:28:55 P.M. Eastern Daylight Time,
> llawshe@bivio.com writes:
> Seems as
>   if all you have to do is withdraw fully one of the
> members and transfer all
>   the units of one to the other.
>
> Timothy Thomas wrote:
> >
>   Greetings!   I have a husband and wife in the club who have
> >
>   been individual members for 12 years and now want to become
> > one
>   member.  Can anyone help me with procedure to follow?
> > Thanks in
>   advance
> >
> > Lounge Rat
>
>
>