As a company administrator, how can admin of the stock plan add beneficiary election to employees accounts?
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Christie Johnson
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Original Message:
Sent: 01-19-2023 08:00
From: Carta Support
Subject: Transferring Shares from Deceased to Family Member
We're so sorry to hear that. Transferring everything to their beneficiary can be achieved by attaching a copy of the death certificate as an additional document on the grant(s). You can then process a transfer to the beneficiary. Please note: the beneficiary must be added to the company ledger to process the transfer.
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Carta Support
Original Message:
Sent: 12-06-2022 14:39
From: Carta Admin
Subject: Transferring Shares from Deceased to Family Member
Unfortunately, one of our clients had a contractor pass away, and per the terms of the option plan for the Company, his family (wife) has 18 months to exercise the vested shares. How does Carta process something like this? Can we update the email address for his account to be his wife's so she can log in/manage exercising the option? Do you recommend transferring the option into her name/a new Carta account for her?
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Carta Admin
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