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.