I would like to transfer stocks that i own, to my son,can i do this without a broker?

Answer 1

You probably could, but it might be the hard way ! Don't use a full service broker to do this, like Lynch, transfer to Sharebuilder or Scottrade, then to your son. I do not think you can do it through another method because the brokerage house where you purchased probably holds the certificates or the power to have them delivered to their office at the present time, and they will charge you a big transfer fee. If you are ill, you better get on this pronto!

Answer 2

You should be able to by calling the investment company and asking. There is paperwork involved and probably some taxes or fees. Always seems to be. Another way is to put it in a trust, depending on the amount whether it would be worth it. That way no one gets taxed and if you pass on he doesn't pay taxes either, and no probate. Get Susie Ormans planner off QVC, wll worth the money to have the forms and know what to do with them. Good luck.