No Beneficiary Allowed For Class A UPS Stock

Discussion in 'UPS Partners' started by Six Sides, Aug 27, 2014.

  1. Six Sides

    Six Sides Member

    I just got off the phone with Computershare in reference to beneficiary information for class A UPS stock. I was told they do not permit a beneficiary for class A stock. It must be converted to class B to have a beneficiary. Has anyone questioned why we cannot have a beneficiary for our class A accounts.
  2. 1989

    1989 Well-Known Member

    Im not planing on dying.
  3. Gumby

    Gumby *

    Are you sure, she Isn't goiing knock you off?:1eye:
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  4. 1989

    1989 Well-Known Member

    Good point...I better take it all with me.
  5. MrAnderson

    MrAnderson New Member

    So what happens to the stock if you pass? Does the company simply absorb that stock and keep the dividends and value?
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  6. Returntosender

    Returntosender Well-Known Member

    Well If class A shareholders dies, I guess the shares go back to UPS cause inorder to buy shares you need to agree to plans of the agreement. Does anyone even know what the fine print of the plan are. No wonder why a few months ago, Hoax said he sold all UPS shares.
  7. Gumby

    Gumby *

    No,they are converted to class B,shares