Can I transfer stocks to my son?

Yes you can.

If it's a stock certificate, you sign at the back. Your guarantor must be present.

If you use a broker, they provide a form to fill. It has details such as your name, account number and stock description

Yes.

Unsure how to do it? Here are several steps to incorporate into your strategy:

• Request a transfer of stock ownership from your brokerage firm.
• Pen a letter with instructions and attach it to your Transfer of Stock Ownership form that is provided by the company.
• Sign your stock certificate (if it is a physical document) to verify authenticity.
• Make copies of all the documents that are a part of this process.
• Pay any necessary taxes. In some states, you could pay as high as a nickel per share.

A couple of other important notes: you need your name, account number, stock description, and possible guarantor.