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Joint Tenants with Rights of Survivorship (JTWROS)

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  • Joint Tenants with Rights of Survivorship (JTWROS)

    Hey all,

    Is there any way to signover a stock acct thats Joint Tenants
    with Rights of Survivorship (JTWROS) to just one of the persons on the
    acct( acct is at Ameritrade if that helps)
    thanks
    wheeler


  • #2
    Joint Tenants with Rights of Survivorship (JTWROS)

    wuffa wrote:
    Is there any way to signover a stock acct thats Joint Tenants with Rights of Survivorship (JTWROS) to just one of the persons on the acct( acct is at Ameritrade if that helps) thanks
    I guess you mean that both parties agree to this re-assignment. If so,
    then it's easy. Ask Ameritrade for the necessary forms. If either party
    disagrees, you need to post details.

    -paul

    Comment


    • #3
      Joint Tenants with Rights of Survivorship (JTWROS)

      "wuffa" <[email protected]> writes:
      Hey all, Is there any way to signover a stock acct thats Joint Tenants with Rights of Survivorship (JTWROS) to just one of the persons on the acct( acct is at Ameritrade if that helps)
      Of course there is. But each broker will have its own forms/procedures/etc.,
      so call Ameritrade and ask them.

      But in general, the broker will require the signatures of both
      account holders and will likely demand that both signatures be
      guaranteed (*not* notarized).

      --
      Rich Carreiro [email protected]

      Comment


      • #4
        stock acct

        Yes just need an loa meaning Letter of authority signed by both parties. Ameritrade can definately do this ..they may say they have to open a new single a/c for you.

        Comment


        • #5
          cbnbb - this thread is from 2005, and the original poster is long gone. Please don't respond to old threads.
          I am not an attorney, and don't play one on TV. Any information given is a description only and should be verified by your attorney.

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