MikeIt is sometimes both permissible and possible to transfer ownership to an immediate family member. But you and your Dad should check company rules, etc., carefully before doing it. You don't mention what kind of options these are, whether NonQualified or Incentive Stock Options; the difference can be significant in terms of the tax consequences. One thing for sure, if they are worth more now than the option price, your Dad should not allow them to just expire unexercised as some do. That's sheer folly, whatever the reason. It's, as the expression goes, "free money," just waiting for him to exercise it.You and he would do well to do some research --- which might make him feel more comfortable too -- at www.fairmark.com and www.mystockoptions.com. Both are sites dedicated to educating people like you on the ins and outs of stock options.mathetes
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