6. Once enrolled in either plan, shareowners generally have the option to increase their ownership of stock through the purchase of shares with dividends and/or cash contributions. If your company offers account access through www.shareowneronline.com, you may request a replacement check online. If you transferred your account during the year, you would receive a second 1099DIV for dividends paid under the new registration. A Court Order designating the transfer of the shares. Copy of oHcial death certicate (ONLY IF transfer due to death of grantor/co-trustee). Physical certificates carry risk. /Length 18 To complete this process, you must have a valid email address on file for your account. A Small Estate Affidavit prepared in accordance with the provisions of Small Estate Requirements for the state where the decedent was a resident. Opening a new accountinvolves filling out an application and having the beneficiary provide the required personal information. This is different from tenancy in common and joint tenancy. Federal tax regulations do not permit you to change the tax lot sold or exchanged after the settlement date. The signature of the executor, administrator or personal representative of the estate on the Stock Power form must be guaranteed in the Medallion format by an eligible guarantor institution (e.g., bank, broker, credit union, etc.) Payable on death is an arrangement between a bank or credit union and a client that designates beneficiaries to receive all the clients assets. Depending on your financial institution you will need to have your signature verified with either Medallion Signature Guarantee or a Signature Guarantee. If I hold certificates and there is a stock distribution, will I receive a certificate? If you were a registered holder on a dividend record date, EQ Shareowner Services would have paid you a dividend and that dividend would be reportable on a 1099DIV. Your guarantor will require proof of your authority to act. The acquisition price will reflect any adjustments due to wash sales or corporate actions. Escheatment is the process of turning over the unclaimed (abandoned) property to the correct state, in turn making the state the legal owner of the property until claimed by the rightful owner. Some of the brochures/prospectuses and enrollment forms are also online. Use a check mark to point the answer wherever required. Do not select both. A copy of the Power of Attorney document authorizing you to sell, assign and transfer securities. Your guarantor will require proof of your authority to act. >> This form allows party one to complete the POA for Multiple Security Owners and mail to party two. The length of time that shareholder communications will stay online will depend upon the situation but most will be online for approximately 30 days if the account is active and open. Stop order? << If you are able to obtain a Medallion guarantee, it must be provided by an eligible guarantor institution (commercial bank, trust company, securities broker/dealer, credit union or savings association) participating in a Medallion program approved by the Securities Transfer Association Inc. and must cover the value of the transaction. Please refer to your Plan brochure/prospectus which can be found online at shareowneronline.com. 6. ASX Code for the Company/Trust - Please enter the three (3) letter Australian Securities Exchange (ASX) code, if . Bank of America Beneficiary Letter of Instruction Written instructions from In Trust For (ITF), Payable On Death (POD) or Totten. 1. As a result, all or part of a loss may be disallowed. 242 0 obj <>/Filter/FlateDecode/ID[<4A2854866D38AB4B82658C32B4984DD1>]/Index[222 38]/Info 221 0 R/Length 97/Prev 477030/Root 223 0 R/Size 260/Type/XRef/W[1 2 1]>>stream Instruct your broker/dealer to electronically move your securities from your account at EQ Shareowner Services using the Direct Registration Profile Modification System. ComputersharePO Box 505013Louisville, KY 40233-5013www.computershare.com/investor Name of Current Account Holder Joint Tenant Address Current Holder Account Number City, State, Zip Company Name Transfer Request PLEASE PRINT CLEARLY 02SY3A_WEB 3. Why did the U.S. W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. Transfer on Death Letter of Authorization. What are the differences in the various forms for holding securities? enquiries@iwcprobateservices.co.uk, Website: Sales or exchange of shares subject to this election must apply the First-In/First-Out tax lot selection method. 11. At the annual meeting, shareowners have the opportunity to vote on the election of directors and to act on other matters, such as management and shareowner proposals. The acquisition date is used at the time of sale to determine if any gain or loss from the sale should be recognized as short-term or long-term. If your company offers account access through www.shareowneronline.com, you may be able to view and print a history of your account at the site. If any holdings to be transferred are held in a Dividend Reinvestment Plan, please indicate on the form to include "any and all Dividend Reinvestment plan shares." Transfer Request See enclosed instructions PLEASE PRINT CLEARLY CURRENT HOLDER INFORMATION Shares to be Transferred PARTIAL TRANSFER: PLEASE NOTE: Whole shares cannotbe divided into fractional shares. The Direct Registration Profile Modification System was developed to provide investors with an efficient method of moving book-entry positions within the financial community. Users should consult state law for specific requirements that may apply to powers of attorney. To determine if you are required to complete a Declaration of Ownership, please download it from ourPrintable Formssection. This acquisition date can be different for the following reasons: The acquisition date for non-covered securities will be displayed as 01/01/1901. Yes, the elections can be made at any time; however, your elections may not be effective immediately. If the company offers account access through www.shareowneronline.com, you may be able to view the plan's prospectus online. 4. After receiving notification of an account holder's death, the brokerage firm requests a death certificate, current court letter of appointment, stock power of attorney, affidavit of domicile, or other documents as proof of death. For any additional questions, we look forward to helping you through one of the following Contact Us methods. How can I hold my securities in Direct Registration? Double check all the fillable fields to ensure total precision. as described on the reverse side of the Stock Power form. Please send to the account listed here: Account #: 6166-5238 . Securities meeting the requirement of the Federal tax code and regulations are considered to be covered securities. DTC #: 0385 . Otherwise, please contact us. If 10 days have passed since the certificate was mailed, you may send notification of non-receipt in writing to our address. If you find property and need to make a claim with a state, follow the instructions provided by each state. Computershare is the transfer agent appointed by a company totransfer ownership of its securities. By using our website you agree to our Cookie Policy. 4. Your signature on the Stock Power form must be guaranteed in the Medallion format by an eligible guarantor institution (e.g., bank, broker, credit union, etc.) 2 0 obj Reason for Transfer Deceased Trust Beneficiary - transfer to spouse or descendant(s). /PageLabels 6 0 R What happens to my eDelivery documents and communications if I transfer all the shares out of my account(s)? The Medallion stamp must not be dated or notated in any manner. When someone registers with a stockbroker or bank, they are the owner of that account. 1. I have different addresses in the summer and winter. You can contact Computershare in the following ways: Direct stock purchase plan application/pdf That 1099DIV would reflect only the dividends paid to the registered holder prior to the transfer or sale. The Guarantor must affix a stamp bearing the actual words "Signature Guaranteed," sign and print their full name and alpha numeric signing number. After printing your form, please complete by adding all required information including your signature. Only one beneficiary can be designated per registration. Visit the transfer agent's Web site at www.computershare.com. Approved Group Forms: Form name Printable Form (PDF) DMO Approved Group Letter: Download Form: UK Corporate Approved Group Application Form: Download Form: UK Individual Approved Group Application Form . The required documents depend on the type of account, such as a single or joint account, whether one or both account holders are deceased, and whether the account is a trust account and the trustee or grantor is deceased. as described on the reverse side of the Stock Power form. 5. Stop order? If the company you are interested in offers account access through www.shareowneronline.com, you may be able to view the plan material, sign up for reinvestment or change reinvestment options online. Batch order sales are available through Mail, phone and internet. Box 505005. Those named in a TOD don't have access to the assets before the owner's death. Please contact us with questions. Transfer Request See enclosed instructions PLEASE PRINT CLEARLY 0251OB_WEB_ONLY (REV. The Uniform Transfer to Minors Act has replaced the Uniform Gift to Minors Act (UGMA) in most states for new shares. Postal Service change the mailing address on my account? /Filter /FlateDecode A living trust is a legal arrangement established during an individual's lifetime that contains assets to be distributed after death and that bypasses probate. Securities received into your account from a broker or other transfer agent showing the securities were non-covered, the transfer statement failed to include cost basis information for covered securities, or no transfer statement was provided. If you have any questions about this transfer, please call (me/us) at (phone number). 17. /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] Please visit www.dfs.ny.gov and use the New York State Department of Financial Services Consumer Complaint Portal to file a complaint with DFS. You will be able to consent to eDelivery for those participating companies for shares that are held on the records of Shareowner Services. /Type /Catalog Computershare Investor Services PLC The Pavilions Bridgwater Road BRISTOL BS99 6ZW United Kingdom . The beneficiary has no rights to the security until the security owner(s) dies. To view your online documents you will need Adobe Acrobat Reader. MailEQ Shareowner ServicesPO Box 64874St Paul MN 55164-0874, Overnight MailEQ Shareowner Services1110 Centre Pointe Curve,Suite 101,Mendota HeightsMN 55120-4100. Im enrolled in the Dividend Reinvestment plan, so why were my shares escheated? Yes. 8. Direct Registration allows you to have your securities registered in your name, on the books of the corporation without the need for a physical certificate. 7. 3. The death of a loved one can bring about many unforeseen challenges, especially when it comes to the settlement of their financial affairs. Our physical address for traceable mail delivery is: A certified copy of your birth certificate. The abandonment period for each type of property is defined by each states Unclaimed Property Statutes. If you are signing on behalf of the registered owner, additional documentation may be required. The Medallion stamp must not be dated or notated in any manner. Several states require direct shareholder contact to prevent escheatment. What steps do I need to take to change a corporate registration? Please contact a customer service representative to determine which options are available to you. This is different from tenancy by the entirety and joint tenancy. A tax lot is a record of the cost basis details associated with shares you acquire in your account. The documents will be provided online in an electronic version (PDF). 2. 1. x}[;#=VPPp")Y't%9kUH$_>z44Jv?Tm_QO>gO_7=_)VTmJ^7dG'}>nwg~s~6;y~dKVQU]Bo9.dxxsvP)*j~ ; GB\/k4ivw$ EZ5 @_=\kww ?\>? 1CS 1|U'?=z:=:jHRP@L>@.AKZGCFI=?sNG>{|6OF. the name of the trust or the grantor or in the case of a trust under will, the name of the deceased; and the date of the trust (not applicable for a trust under will). /Type /XObject Inherited securities: the acquisition date needs to be adjusted since all sales of inherited securities are considered long term. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years of experience in the industry. It is used to determine the amount of the gain or loss- at the time of a sale or exchange. 9. 1996 - 2023 Computershare Limited. We will sell, exchange, withdraw, or transfer your securities in First-In /First-Out (FIFO) order, consistent with the default tax lot selection method established in Treasury Regulation 1.1012-1, unless otherwise instructed by you in writing on or prior to the date of the sale or other disposition of your securities. You may be able to obtain transaction details by logging onto www.shareowneronline.com or by calling Shareowner Services at 1-800-401-1957 for additional options. (8PH1$K@p=8>9\Gp 'g1L=f~ XAw b!r({])"sm-xvQQs(A]:=,P{~{0X{&&Fzz /Uut )j%Ukj"lG*#-'`Qo/I[=x{N0.0N:O`\X6:?eUXuB}Rb{F8/J Computershare Inc. P.O. Common Purposes, Types, and Structures, 529 Plan: What It Is, How It Works, Pros and Cons, Payable on Death (POD) Account Benefits and Drawbacks. Please fill in the form and a representative will contact you within one to two business days. /Resources << Send your transfer request to one of the below addresses. It will be necessary to obtain an indemnity bond at the shareholder's expense, which protects both the issuer and the transfer agent against future claims on the shares. Otherwise, please contact us. Individual retirement accounts, 401(k)s, and other retirement accounts are not TOD accounts. Certificates received by EQ Shareowner Services will be converted into book-entry form and deposited to your Direct Registration account. Please note that we are unable to register securities in the form "Estate of " as title must be vested in a person or legal entity capable of owning property, such as "John Smith, Executor for the Estate of". 13. Each year, shareowners are sent an annual report together with notice of the company's annual meeting and a proxy statement that contains the details of the meeting. << The offers that appear in this table are from partnerships from which Investopedia receives compensation. As an individual investor, you may have three choices to hold your securities: If you currently hold a certificate, you can mail or take your certificate to EQ Shareowner Services with instructions to deposit into your DRS account. Cory Mitchell, CMT is the founder of TradeThatSwing.com. Annual reports, proxies, and other issuer mailings will be sent to you from your broker/dealer. 3 0 obj If you are unable to locate the prospectus, please contact us to determine how to purchase additional shares. If you acquire replacement shares within a period of 30 days before or after you sell shares at a loss, the sale is considered a wash sale pursuant to IRC section 1091. IRA Distribution Request Form If you would like to receive a regular, premature, rollover, disability or excess contribution distribution fill out this form and mail it to the address provided. Brokerage Firm: E-Trade . If you still have an unresolved complaint, you may also direct your complaint to the attention of: New York State Department of Financial Services, One State Street, New York, NY 10004-1511. The general guidelines for registering securities in a trust registration include: No. Book-entry registration helps to keep costs down for your corporation, which in turn adds to shareowner value. /Length 3332 2. The 1099DIV will reflect only the dividends paid to the registered holder prior to a transfer or sale. Annual meeting material is usually mailed 30 to 45 days prior to the meeting and shareowners are urged to vote by returning a completed proxy card, voting by phone or via the Internet. In the spaces provided on the Stock Power form, provide the proper description of the shares and indicate how the shares are to be reissued, including correct name(s), address and Employer Identification Number (EIN) or Social Security Number (SSN) for the new registration. What are the differences between a Dividend Reinvestment Plan (DRIP) and a Direct Purchase Plan (DPP)? 1 0 obj endobj Your Authentication ID is provided upon request by following these steps: You may recover your username, create a new password and reset your 2-step verification. Read our guide on how probate court works. What tax forms are available by eDelivery? endstream endobj startxref A transfer on death is an instrument that transfers ownership of specific accounts and assets to someone. 8. Section 2: Distribution Options Section 3. Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com. Access the Computershare Corporate Trust file exchange portal 16 February 2015 As part of Computershare's ongoing efforts to streamline the stock transfer experience for shareholders, beginning mid-February, we will offer shareholders the option to process their transfers without a medallion stamp by providing a copy of a government issued . <> When an account balance is at zero shares and has no outstanding checks it is typically removed from Shareowner Online the following year. stream Your eDelivery consent will be removed and future documents will be sent by mail. We can be reached through US Mail, our telephone numbers associated with the securities you hold, or by sending a request through the Contact Us link at shareowneronline.com. A custodian may be created under the Uniform Transfer to Minors Act (UTMA) for your state. Shareowners have a number of ways to register their stock. Many companies offer direct dividend deposit to your account at a financial institution. If you would like to sell the securities, provide the required Estate documents (probate or death certificate and will) and payment of the $90.00 administration fee to Computershare then contact a broker for their requirements. If the account you wish to transfer shares from is outside of the US, please select one of the forms listed below to complete and mail back to us. 5. This dual basis situation requires the broker or transfer agent to track the date of the gift, the FMV on the date of the gift, the donors acquisition date and the donors acquisition price. Shares To Be Transferred from the following shareholder: Investor ID Registration/Name and Address exactly as it appears on the account or statement Please select one of the spaces below for the number of shares to be transferred. When this investor set up these accounts, they filed a TOD form, stipulating who the assets should be transferred to upon death and in what percentages. Editing transfer on death stock form computershare online. Please consult your guarantor institution for their specific requirements. 02I3QA_1UBT_WEB_Beneficiary_Transaction_Form_WEB_4-6-20_00A5SF_Irrevocable_Stock_Power_Form.qxd The account owner can update this form at any time. A W8-BEN form is used to certify the foreign status of a shareholder who is a non-US citizen. endstream To change your registration, Shareowner Services requires the following: To remove the custodian on your account if you are no longer a minor, Shareowner Services requires the following: EQ Shareowner Services 1110 Centre Pointe Curve, Suite 101 Mendota Heights MN 55120-4100. The Uniform Transfer on Death Securities Registration Act lets owners name beneficiaries for their stocks, bonds, or brokerage accounts. As an investor, you can have your securities held in book-entry form in your Direct Registration, Direct Purchase or Dividend Reinvestment account, moved electronically between EQ Shareowner Services, your corporation's transfer agent, and your broker/dealer. A signed letter of instruction addressed to the Fiscal Agent (Computershare) must be provided, describing the requested transfer or redemption. Find answers to frequently asked questions. Can I get a duplicate statement for my account? Typically, no buying, selling, transferring of the account to another firm, or other activities may occur until the account is open and legal ownership has been established. . Your broker/dealer will send you periodic statements indicating all securities in your account at the broker/dealer. How do I register for online account access? It enables stockholders to be directly registered on the records of the corporation in book-entry form, with no need for a physical stock certificate. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Computershare as transfer agent will place a stop transfer order on the missing certificate(s). If your company offers account access through www.shareowneronline.com, you may sign up for direct deposit online. A certified copy of the death certificate. The 1099DIV form is attached to the statement or dividend check. Transfer on Death Agreement Use this form to designate someone to pass on the investment. If the securities are being transferred to your name, the Power of Attorney must authorize you in your capacity as Attorney in Fact to transfer securities to your own name. Enter either the Number of Shares or check ( ) All Shares. Electronic Funds Transfer (EFT) will then send your dividend directly to your designated bank account on the payable date. H|Tn8}WI[cm!-S]Qhye[ca3gcPG!N9D, 02I3QA_1UBT_WEB_Beneficiary_Transaction_Form_WEB_4-6-20_00A5SF_Irrevocable_Stock_Power_Form.qxd. Why do I receive an annual report and a proxy card? Instruct EQ Shareowner Services to sell your securities (according to the terms of the company's Dividend Reinvestment plan, Direct Purchase plan, or Direct Registration sales feature); To see if this option is available for your stock, please refer to information on the back of your account statement or log into shareowneronline.com and view your stock. In this situation each tenant owns an undivided interest, which, upon the death of one tenant, passes as such to his heirs or devisees and not to the surviving tenant(s).