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Author Topic: How to change ownership (ameritrade)
Jesse K
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The account I currently use is in my father's name (I was a minor at the time he made it for me). Now that I am 18 what would i have to do to get the account in my name? I looked for forms on Ameritrade and they just had UGTA, or whatever, which my account isnt.

Any suggestions?

Thanks
Jesse

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Bob Frey
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Have your father cash it out give you the cash and open a new account.

Might be tax issues if you or he has a gain in the account.

Maybe add your name and make it a joint account.

[This message has been edited by Bob Frey (edited February 25, 2004).]

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Jesse K
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Well I dont want to cash out and lose my positions in the account. Its under his name but I control the activity.

Is there a way I can create a new account and transfer securites and funds to a new account?

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