How do I sell my AYI shares?, page-2

I haven't gotten financial advice and I can't give you advice but I had the same thoughts about some of my losers - am planning to transfer them to my husband who works part-time. I'll take the capital loss but we'll retain the shares.

My understanding is the cost base changes to the sale price and he'll have to hold for a year to get the discount to capital gains tax. If there is a capital gain later he'll be taxed at a lower rate than me so that would be a win too. But obviously the gain starts from a lower cost basis than the original purchase so there would be tax on the gain that gets us back to our original investment amount.

But please double check this info - I picked it up from the web. You may want to consult a professional advisor or accountant as to the best way to structure your finances.

I'm trying to figure out if there's a way to do it without incurring a $50 fee on each parcel, which is how I found your post.

Good luck!