How to sell disney stock certificates
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3 Ways to Sell Stock Certificates - wikiHow
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Ticker Question Selling Disney stock in paper form that's UGMA in the name of both my mother and me self.
I have 18 shares in a paper certificate of Disney. A family friend bought me the stock when I was in high school in the late 90's. After the brokerage firm decided to sell 2 shares of the 20 shares I originally had to pay their account maintenance fees, I told them to issue me a certificate because they pissed me the hell off.
I'm looking at buying a house soon, and think that selling 18 shares of Disney stock could really help with me coughing up a down payment.
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I have a similar problem. My wife bought me 1 share of Disney for our anniversary, and it was a nice looking framed paper stock cert. But it's a huge pain in the ass. They keep sending dividend checks for 16 cents, and tax forms. I can't stand it. So I wanted to deposit it in my E trade account and E trade said they will do that for me but they won't send back a voided paper certificate with holes punched in it. For sentimental and aesthetic reasons I want to keep the actual certificate so this really kind of sucks, and puts me in a bind.
I have to either really piss my wife off or keep getting tax forms. There is another option.
You can file a lost certificate form. Disney will convert your shares to electronic form DNS book. Start an account with a discount broker. You will end of sending the shares to the broker, or hand them in to a storefront if they have one locally.
Then you can make the decision to sell them in the account, online. I just did this with my UGMA shares. You have to go to the disney shareholders website run by Broadridge. From that site you can download the share transfer form.
Submit it with your birth certificate, and the paper shares. That will get the custodian off the account, and convert the shares to DNS book form. If you want to at that point you can sell the shares directly from the Broadridge site. And they will send you a check. If I haven't converted it over from UGMA to my name, would I need to claim it as a stock asset on the paperwork for an American Dream Downpayment Initiative loan application?
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When I was little, I got four shares of Disney stock as a present, which have since multiplied to 12 shares. At 19, I'm (unfortunately) trying to sell it, but I have no idea where to start. All I have is the certificate, which is attached. Could some kind soul point me in the right direction? : stocks
You won't be able to vote or comment. Mom still gets the dividend checks, forwards them to me, and I cash them. How do I do this?
Is there a way to sell this back to Disney directly? Posts are automatically archived after 6 months.