Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How easy is opening an account at Trust Company of Vermont? Can I transfer assets to the Trust Company of Vermont without incurring fees or taxes?

April 26, 2017account assets COMPANY easy fees incurring opening transfer Trust Vermont

0

Posted

How easy is opening an account at Trust Company of Vermont? Can I transfer assets to the Trust Company of Vermont without incurring fees or taxes?

1 Answer

0

Posted

Whether you are moving funds from a bank trust department, broker or financial planner, transferring assets is simple. In most cases, securities are transferred, not sold, to avoid unnecessary capital gains. Most stocks, bonds, and mutual funds can be transferred in two days with the cooperation of the transferring institution.