Re: Selling Stock

Paul Michael Brown wrote:
> It might also be possible to sell the stock directly to the company that

> issued it. I know General Motors will buy back its own stock in this 
> manner. You just Fedex the old certificates back to them and they send 
> you a check. This is a very easy way to avoid the hassle associate with 
> selling small amounts of stock.
> 
> By the way, I concur with those who recommended holding on to the stock 
> if the original poster doesn't need the money. The heirs would greatly 
> benefit from the stepped up basis rule.

IIRC, it was $60K, not so small. And not knowing much about OP, we don't 
know her tax bracket, her other investments, or if their are heirs to 
benefit. Is her stock-specific risk outweighed by the cost of the cap 
gain if any? Don't know.
Joe

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