Hello, everyone. You should have received two emails, one from Wanda and one from Pam requesting substantial withdrawals. Below is a good explanation for the options available for the club to disperse these requests. It is a complicated situation to transfer stock, but we must ...
I am looking for some guidance on liquidating and terminating our partnership. Does Bivio has some information on its website? I could not find anything. Just trying to make sure we do not forget anything, we are planning to make one distribution in 2023 and ...
I have retired from the COA. I know that I can continue to contribute,A but how do I go about closing my account? Withdrawing funds and transferring funds as an Inkind investment? ThanksA for your help. Lee
Member Withdrawals - payout options for your club. Jerry A. Dressel on 07/21/2000 Clubs often may have more options available to them in paying a withdrawing member than they first realize. The initial reaction of most clubs is to sell stock, increase member payments, or ...
The tax implications of a partial withdrawal can be more complex than for a complete withdrawal, depending upon how the member is paid and the source of cash funds that are used. The initial reaction of most clubs is to sell stock, increase member payments, ...
We have a member withdrawal.A Have paid her and charged a $25.00 fee.A Now there is a discrepancy in the Bivio records of $25.00.A Where should we enter the $25.00? A Should this be a cash transfer to the club for buy and hold or ...
In my club, whenever I talk about unit values, members' eyes start to glaze over. Every member should have some idea of how unit values are calculated, but few do. At the risk of sending my readers to sleep, I will try one more time. ...