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How do I sell shares in private bank stock?

September 18, 2006

Date:   Mon, 15 May 2006
From:   Donald

I have some private bank stock that I desperately need to sell. How do you suggest that I do that?

Answer

Date:   14 Jun 2006

Hello Donald,

I'm not an expert on such matters. I suggest that you find another shareholder of the bank who is willing and able to buy your stock. See an officer of the bank about this. You will need a lawyer to do the paperwork.

Good luck!

Mike Gray

For more information about non-qualified stock options, request our free report, Non-Qualified Stock Options - Executive Tax and Financial Planning Strategies.

IRS Circular 230 Disclosure: As required by U.S. Treasury Regulations, you are hereby advised that any written tax advice contained in this answer was not written or intended to be used (and cannot be used) by any taxpayer for the purpose of avoiding penalties that may be imposed under the U.S. Internal Revenue Code.

 

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