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Financial Planning / Tax Strategies


Subject:  Re: Tax handling of gifts under the annual exemp Date:  3/26/2014  11:17 AM
Author:  vkg Number:  120589 of 132711

But moving accounts from one brokerage to another was such a royal pain that I do not think I will ever do it again. It took many months to effect the transfer. First, they moved the stock. But they forgot the dividends on the stock. So I had them move the dividends, but they forgot the interest on the dividends, etc., etc., etc., ....

Dividends can dribble in over a number of months after the stock has been transferred. I received a number of small checks after transferring an account. The brokerage annoyed me to the point that it was worth it.
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