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UTMA Recipient - (It's me, I'm the recipient)

Reddit r/investing·u/Crazy-Cat-Lad·about 1 month ago
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Has anyone recently gone through receiving stocks from a UTMA account from their parents?

I don't know why this is being done so late but I'm 35 and as far as I know, it should've been transferred over at 21 I think. I guess my fault for not researching it more thoroughly but I wasn't really into investing before this year. Hoping to finalize the transfer in the next week or so but need to get it stamped by a guarantor or something.

So brings me back to my original question. Any recent beneficiaries of a transfer to yourself from your parents? What did you do with them? Transferred to your primary brokerage? Sell, hold? How was the process?

I don't think mine is crazy - it's three individual companies (AT&T, Comcast and Verizon). ~60 shares Comcast, ~300 Verizon and unsure AT&T but think its even less.

I'd like to sell them and put it into ETF's but that will be a taxable event from my understanding.

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