Is there a way I can transfer my stocks to another person?

External question — Personal Finance Stack Exchange Author: Jerry Zhang Original post: https://money.stackexchange.com/questions/141230 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I want to transfer some of my stocks to another person. Right now, my stocks are in Interactive Brokers. The other person's account is in Fidelity. It seems that ACATS does not support transfer between two different people. What is the best way to do it without selling my stocks?

External answer — Personal Finance Stack Exchange Author: Eduardo Chongkan Original post: https://money.stackexchange.com/a/141231 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I think it is a bit late for my answer but your question made me think about how one could do that "next time". Next time, one could open an LLC, then register the account at IB to the LLC and buy the stock with that account. Then if you want to transfer stock, you could do so internally. Or sell the entire LLC, etc. Update (June 2023): Emphasis in NEXT TIME, IF, starting from 0... An LLC can be opened overnight ( or the equivalent depending on the country ) e.g. in Delaware you can get an LLC with printed bearer shares. https://corplaw.delaware.gov/facts-and-myths/ This is all assuming the cost of the shares and transaction is worth the cost of the LLC and time.