Showing posts with label instructions. Show all posts
Showing posts with label instructions. Show all posts
Wednesday, August 19, 2015
How to Transfer Stock Certificates (3 Steps)
Contact your financial representative. In order to transfer a stock certificate, you must get the help of the firm holding your shares. If you intend to transfer your stock to another brokerage account, the easiest way is usually to use the Automated Customer Account Transfer Process, or ACATS. Through ACATS, transfers are usually completed in 6 to 10 business days. The main advantage of ACATS is convenience. Instead of having to call the company's transfer agent, or obtain physical stock certificates, all you have to do is provide your firm with written instructions outlining your intentions. Generally speaking, this information will include the destination account number, name of firm, name of account holder, and exact number of shares you wish to transfer. Some firms request a more formal Transfer Information Form (TIF), which requests the same information. As long as you are the valid owner of the stock, the process should begin immediately.
Sign the certificates and transfer them yourself. If you hold your own stock certificates, or for any reason do not want to go through the ACATS process, you can make the transfer yourself. Follow the instructions on the back of your stock certificate to make the transfer legal. Generally speaking, you will enter the name of the party you wish to make the transfer to, and you will sign the certificate at the bottom. You may also have to enter the name of the authorized transfer agent of the company in order to effect the change.
Monitor the transfer. Make sure that the proper amount of the correct security ends up in the right account. Although the stock transfer process is pretty straightforward, even with explicit instructions, mistakes do occur. Sometimes the name on the receiving account is not an exact match with those in the instructions and the transfer is denied, while other times certificates are simply lost. Although lost certificates are unlikely with the ACATS system, manual transfers can be at risk. A lost or misplaced certificate is generally just an administrative headache rather than a true cause for alarm, but it could delay your transfer and should be monitored.
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Tuesday, August 18, 2015
How to Improve the Sound of Stock Harley Pipes
Remove the exhaust system from your Harley motorcycle. Most systems are attached with two bolts per pipe at the cylinder head and two bolts per pipe at the rear exhaust mounts. Because every Harley model is different, you will need to refer to your owner's manual for specific removal instructions.
Cover your motorcycle if you leave it outside, using a tarp or a bike cover. Take the exhaust system inside, wrap it in a towel or shop rag and clamp it securely in a vice or pipe-clamp. Attach a drill bit extension and a 3/4 inch metal-cutting drill bit to your hand-held drill.
Insert the drill bit into the end of one of the exhaust pipes. Push the drill bit into the pipe until you can't push it through anymore. You've just found the first baffle. Drill through the baffle carefully.
Push the drill bit further into the exhaust to locate the second baffle. Drill through this one in the same way as the first, then repeat the entire procedure for each remaining exhaust pipe. When you're finished drilling, remove the exhaust from the clamp and tap the end a few times to expel any remaining metal shavings.
Uncover your motorcycle and reinstall the exhaust system on the bike. Make sure every bolt is secure and tight, especially the cylinder head bolts, which create a necessary exhaust seal for the engine. Fire up your bike and have a listen to the new, louder, deeper exhaust tone.
Sunday, August 16, 2015
How to Sell the Stock Certificates of Deceased Persons
Determine whether you have legally inherited the stock certificates. If the stock certificates were granted to you by will, you will have to wait for the probate court to process the will. The probate process may take several months to more than a year. If the stock certificates were granted via a trust, the trustee of the trust will send the certificates to you, usually fairly soon after the death. Just as with probate, if the certificates pass to you by intestate succession, it will take many months or years to receive the certificates.
Review the stock certificates to determine if they need to be re-titled in your name. If the certificates contain language requiring re-titling, follow the instructions on the certificate. This often involves sending the certificate to the company with a copy of the estate document transferring the stock.
Contact a stockbroker or brokerage company to sell the stock. Make sure the certificates can be sold and that there is a market for the stock. Stock certificates in the electronic age are uncommon, and certificates are often only used for private and small companies. This sort of stock is often difficult to sell. Send the stock certificates to the stockbroker or company. If the certificates were not re-titled in your name, also transmit the estate document that transferred the stock to you.
Instruct the broker to sell your stock. The stock will usually be converted to electronic shares and sold the next trading day on the stock market.
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